Maryland Statutes
Subtitle 4 - Examinations and Reports
Section 6-403 - Examinations of Credit Unions

(a)    In this section, “examiner” means:
        (1)    The Commissioner; and
        (2)    An individual whom the Commissioner designates as examiner.
    (b)    An examiner shall visit each credit union and examine its business:
        (1)    At least once during each calendar year, unless the Commissioner determines that, during a calendar year, an examination is unnecessary, in which event an examination shall occur no less frequently than once every 18 months;
        (2)    When requested by the board or supervisory committee of the credit union; and
        (3)    At any other time that the Commissioner considers necessary.

Structure Maryland Statutes