The directors of a banking institution shall have a certified public accountant audit the institution at least once every 5 years.
Structure Maryland Statutes
Title 5 - Banking Institutions -- General Provisions
Subtitle 2 - Examinations and Reports
Section 5-201 - Examination of Institution
Section 5-202 - Examination of Witnesses
Section 5-203 - Annual Assessments on Banking Institutions
Section 5-204 - Acceptance of Federal Examination
Section 5-205 - Independent Audits
Section 5-206 - Reports of Financial Condition -- in General
Section 5-206.1 - Documents Submitted by Banking Institutions and National Banking Associations
Section 5-207 - Reports of Financial Condition -- Special Reports