Maryland Financial Institutions Section 5-208

Article - Financial Institutions

§ 5-208.

      (a)      If a banking institution or an other-state bank fails to make any report or submit proof of publication as required by this article, the banking institution or other-state bank is subject, in the discretion of the Commissioner, to a civil penalty of $50 for each day that the report or proof is overdue.

      (b)      The Commissioner may institute proceedings to enforce this section.



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