Md. Code, Fin. Inst. § 9-916

Current with changes from the 2024 Legislative Session
Section 9-916 - Indemnification prohibition

Notwithstanding any provision of law, a savings and loan association, holding company, or subsidiary may not indemnify any person who is fined under any criminal penalty provision of this title or Title 8 of this article or subject to any civil penalty under this title or Title 8 of this article.

Md. Code, FI § 9-916