(a) The Commissioner and Deputy Commissioner shall devote full time to their duties.
(b) 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.
Structure Maryland Statutes
Title 2 - Commissioner and Boards
Subtitle 1 - Commissioner of Financial Regulation
Section 2-101 - Office Established
Section 2-102 - Appointment; Responsibility to Secretary; Qualifications; Compensation
Section 2-103 - Deputy Commissioner
Section 2-104.1 - Student Loan Ombudsman
Section 2-105 - Authority of Secretary
Section 2-105.1 - Regulations; Multistate Automated Licensing Systems
Section 2-108 - Collection of Nonrefundable Fees
Section 2-109 - Payment of Money to General Fund
Section 2-110 - Full-Time Duties of Commissioner and Deputy Commissioner
Section 2-111 - Conflicts of Interest -- Ownership of Certain Stock Prohibited
Section 2-112 - Conflicts of Interest -- Other Prohibited Activities
Section 2-113 - Investigative and Enforcement Powers -- in General
Section 2-116 - Investigative and Enforcement Powers -- Circuit Court Action
Section 2-117 - Disclosure of Information -- in General
Section 2-117.1 - Disclosure of Information -- Examinations of Banking Institutions or Credit Unions
Section 2-118 - Banking Institution and Credit Union Regulation Fund