Md. Code, Fin. Inst. § 5-804

Current with changes from the 2024 Legislative Session
Section 5-804 - Acceptance of deposits for insolvent institution
(a) An officer or employee of a banking institution may not accept a deposit knowing that the institution is insolvent.
(b) An officer or employee who violates any provision of this section is guilty of a misdemeanor and on conviction is subject to imprisonment in the State Penitentiary for a period not exceeding 3 years.

Md. Code, FI § 5-804