§ 5–1010
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 5-1010 (2026)
Title 5. Banking Institutions -- General Provisions
Subtitle 10. Branch Banking
§ 5–1010LinkCopy Citation
(a)
Subject to § 5-1012 of this subtitle, if the Commissioner finds that a branch of an other-state bank in this State is being operated in an unsafe or unsound manner or there is any violation of Maryland law by the branch of the other-state bank, the Commissioner may undertake enforcement actions as otherwise authorized under provisions in this article governing banking institutions.
(b)
The Commissioner may enter into joint enforcement actions with other bank supervisory agencies having concurrent jurisdiction over an other-state bank that has a branch in this State.