§ 2–107
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 2-107 (2026)
Title 2. Commissioner and Boards
Subtitle 1. Commissioner of Financial Regulation
§ 2–107LinkCopy Citation
On or before December 31 of each year, the Commissioner shall submit to the Governor and, as provided under § 2–1257 of the State Government Article, the General Assembly an annual report that includes, at a minimum, the following information concerning the most recently completed fiscal year ending June 30:
(1)
Operations of the office of the Commissioner;
(2)
Amendments proposed by the Commissioner regarding the laws the Commissioner administers;
(3)
Failures of licensed persons and State–chartered financial institutions;
(4)
A summary of the composite ratings of banking institutions and State–chartered credit unions; and
(5)
A breakdown by license category of the number of penalties assessed and instances of consumer recovery.