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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) An officer or employee of a banking institution may not accept a deposit knowing that the institution is insolvent.
(b) An officer or employee who violates any provision of this section is guilty of a misdemeanor and on conviction is subject to imprisonment in the State Penitentiary for a period not exceeding 3 years.
Cite this article: FindLaw.com - Maryland Code, Financial Institutions § 5-804 - last updated January 01, 2025 | https://codes.findlaw.com/md/financial-institutions/md-code-fin-inst-sect-5-804/
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