Md. Code, Financial Institutions § 5-804

Md. Code, Financial Institutions § 5-804
in effect
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(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=5-804&enactments=falseFetched: 10/17/2026

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