Current with changes from the 2024 Legislative Session
Section 5-208 - Civil penalty for failure to make report(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 not exceeding $500 for each day that the report or proof is overdue.(b) The Commissioner may institute proceedings to enforce this section.