(a) Subject to § 5-1012 of this subtitle, the Commissioner shall have the power to examine every branch of an other-state bank located in this State for the same purposes and to the same extent as the Commissioner may examine a branch of a banking institution.
(b) The Commissioner may enter into agreements with bank supervisory agencies regarding the scope, timing, coordination, and frequency of examinations and other supervisory matters, including the sharing of information obtained through examination of other-state banks that maintain branches in this State.
(c) Supervisory and examination fees related to the Commissioner’s oversight of Maryland branches of other-state banks and branches of banking institutions in other states may be imposed and shall be calculated in the manner agreed to between the Commissioner and the home state regulators.
Structure Maryland Statutes
Title 5 - Banking Institutions -- General Provisions
Section 5-1002 - Scope of Subtitle
Section 5-1003 - Establishment of Branch -- in Maryland
Section 5-1004 - Establishment of Branch -- in Another State
Section 5-1005 - Establishment of Branch -- Prerequisites
Section 5-1006 - Approval of Branch -- Considerations
Section 5-1007 - Approval of Branch -- Time Limitations
Section 5-1008 - Powers and Rights of Branches; Engaging in Business With Banks
Section 5-1009 - Examinations and Supervision
Section 5-1010 - Enforcement Actions
Section 5-1011 - Reports of Condition and Income
Section 5-1012 - Cooperation With Other State or Federal Regulators
Section 5-1013 - Transactions Resulting in 30 Percent or More Control of Deposits