Maryland Code, Financial Institutions § 1-205

(a)(1) In this section the following words have the meanings indicated.

(2) “Compliance review committee” means:

(3) “Compliance review documents” means documents prepared for or created by a compliance review committee.

(4) “Depository institution” means a State-chartered or federally chartered financial institution located in this State that is authorized to maintain deposit or share accounts.

(5) “Loan review committee” means a person or group of persons who, on behalf of a depository institution, reviews loans held by the institution for the purpose of assessing the credit quality of the loans, compliance with the institution's loan policies, and compliance with applicable laws and regulations.

(6) “Person” means an individual, group of individuals, board, committee, partnership, firm, association, corporation, or other entity.

(1) Loan underwriting standards;

(2) Asset quality;

(3) Financial reporting to federal or State regulatory agencies; or

(4) Compliance with federal or State statutory or regulatory requirements.

(1) Compliance review documents are confidential and are not discoverable or admissible in evidence in any civil action arising out of matters evaluated by the compliance review committee; and

(2) Compliance review documents delivered to a federal or State governmental agency remain confidential and are not discoverable or admissible in evidence in any civil action arising out of matters evaluated by the compliance review committee.