Current with changes from the 2024 Legislative Session
(a) To the extent specified by the Commissioner by regulation or written request, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall submit to the Commissioner:(1) Copies of reports filed for the preceding calendar year with a bank supervisory agency by each Maryland bank controlled by the bank holding company; and(2) A report specifying as of the end of the preceding calendar year, for each branch of each Maryland bank controlled by the bank holding company:(ii) The amount of deposits held.(b) The reports specified in subsection (a) of this section: (1) May consist of a copy of a report filed with another bank supervisory agency that contains substantially similar information; and(2) May not be requested by the Commissioner unless the Commissioner determines that the information is not available from another bank supervisory agency.(c) At the request of the Commissioner, to the extent permitted by applicable State or federal law, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall provide to the Commissioner copies of reports of examination prepared by any bank supervisory agency in connection with the examination of any Maryland bank.