Section 5-907 - Reports.
§ 5-907. Reports.
(a) Required reports.- To the extent specified by the Commissioner by regulation or written request, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall submit to the Commissioner:
(1) Copies of reports filed for the preceding calendar year with a bank supervisory agency by each Maryland bank controlled by the bank holding company; and
(2) A report specifying as of the end of the preceding calendar year, for each branch of each Maryland bank controlled by the bank holding company:
(i) The location; and
(ii) The amount of deposits held.
(b) Form; limitation on Commissioner's authority.- The reports specified in subsection (a) of this section:
(1) May consist of a copy of a report filed with another bank supervisory agency that contains substantially similar information; and
(2) May not be requested by the Commissioner unless the Commissioner determines that the information is not available from another bank supervisory agency.
(c) Reports of examinations.- At the request of the Commissioner, to the extent permitted by applicable State or federal law, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall provide to the Commissioner copies of reports of examination prepared by any bank supervisory agency in connection with the examination of any Maryland bank.
[1995, ch. 213, § 2.]