Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 2. COMMISSIONER AND BOARDS |
SUBTITLE 1. COMMISSIONER OF FINANCIAL REGULATION |
§ 2-110. Full-time duties of Commissioner and Deputy Commissioner
Latest version.
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(a) In general. -- The Commissioner and Deputy Commissioner shall devote full time to their duties.
(b) Limitations on outside activities. -- The Commissioner and Deputy Commissioner may not:
(1) Be an officer or director of any State banking institution or national banking association, or in any entity engaged in the business of making loans; or
(2) Engage in any other business relating to banks and financial institutions or lending.
HISTORY: An. Code 1957, art. 11, § 1; 1980, ch. 33, § 2; 1989, ch. 777, § 2; 1990, ch. 594; 1991, ch. 568; 1996, ch. 326, § 2; 1999, ch. 523.