§ 5-909. Regulations; cooperation with other bank supervisory agencies; confidentiality requirements.

   (a) In general. -- In order to carry out the purposes of this article, the Commissioner may:

   (1) Adopt regulations; and

   (2) Subject to subsection (b) of this section, enter into cooperative or information-sharing agreements with any other bank supervisory agency.

(b) Confidentiality requirements. -- If the Commissioner receives a record from a bank supervisory agency under a cooperative or an information-sharing agreement authorized by subsection (a)(2) of this section and the bank supervisory agency expressly retains ownership of the record, either in writing or by law or regulation, the Commissioner:

   (1) May not disclose the record to any person that requests the record under § 10-611 through 10-628 of the State Government Article; and

   (2) Shall forward the request for the record to the bank supervisory agency that owns the record for processing in accordance with the laws or regulations governing disclosure of the bank supervisory agency's records.

HISTORY: 1995, ch. 213, § 2; 2011, ch. 109; 2012, ch. 67.