§ 5-808.2. Closed hearing in extraordinary circumstances

MD Fin Inst Code § 5-808.2 (2019) (N/A)
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(a)    In this section, “extraordinary circumstances” means a situation presenting specific concerns about the prompt withdrawal of money from, or the safety and soundness of, a banking institution.

(b)    In extraordinary circumstances and with the consent of the banking institution, the Commissioner may close to the public a hearing concerning the assessment of a civil penalty, an order to cease and desist, or any other formal enforcement action by the Commissioner.