There is a newer version of the Maryland Code
2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 9-916 - Indemnification prohibition
MD Fin Inst Code § 9-916 (2013) What's This?
§9-916.
Notwithstanding any provision of law, a savings and loan association, holding company, or subsidiary may not indemnify any person who is fined under any criminal penalty provision of this title or Title 8 of this article or subject to any civil penalty under this title or Title 8 of this article.
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