Section 2-107 - Annual report. - Maryland Statutes

§ 2-107. Annual report.
 

On or before December 31 of each year, the Commissioner shall submit to the Governor, and as provided under § 2-1246 of the State Government Article, the General Assembly, an annual report that includes, at a minimum, the following information concerning the most recently completed fiscal year ending June 30: 

(1) Operations of the office of the Commissioner; 

(2) Amendments proposed by the Commissioner regarding the laws the Commissioner administers; 

(3) Failures of licensed persons and State-chartered financial institutions; 

(4) A summary of the composite ratings of banking institutions and State-chartered credit unions; and 

(5) A breakdown by license category of the number of penalties assessed and instances of consumer recovery. 
 

[2001, ch. 226.]