Section 12-806 - Notice regarding information no longer available from federal agency.
§ 12-806. Notice regarding information no longer available from federal agency.
If the information required by § 12-803 (a) of this subtitle has been available to the Department from a federal agency, a financial institution may not be subject to the civil penalties provided for in this subtitle unless the financial institution has been notified by the Department that:
(1) The information is no longer available; and
(2) The financial institution is now required to provide the information to the Department.
[1990, ch. 411.]