Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 12. MISCELLANEOUS INSTITUTIONS AND ACTIVITIES |
SUBTITLE 7. SUPERVISION AND EXAMINATION OF TAX EXEMPT FINANCIAL INSTITUTIONS |
§ 12-702. Qualification
Latest version.
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To qualify for supervision and examination, the applicant shall satisfy the Commissioner that the applicant:
(1) Is trustworthy and reputable;
(2) Has a good business reputation; and
(3) Has sufficient business experience, moral character, financial responsibility, and genuine fitness to:
(i) Command the confidence of the public; and
(ii) Warrant the belief that the business will be operated lawfully, honestly, fairly and efficiently.