Maryland Statutes
§ 9-914
Maryland § 9-914
This text of Maryland § 9-914 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Financial Institutions § 9-914 (2026).
Text
(a)A controlling person, officer, or director may not withdraw funds or cause his funds or those of his immediate family or any other depositor to be withdrawn knowing that due to financial difficulties the association is about to suspend operations or go into conservatorship, receivership, reorganization, or liquidation.
(b)Any controlling person, officer, or director who violates subsection (a) of this section, upon conviction, shall:
(1)Be sentenced to imprisonment in the penitentiary for not more than 10 years;
(2)Be fined not more than $100,000; and
(3)Make full restitution.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 9-914, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/9-914.