Maryland Code, FINANCIAL INSTITUTIONS 2-102
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 2-102
- Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) The Commissioner is appointed by the Secretary of Labor with the approval of the Governor and the advice and consent of the Senate.
(b) The Commissioner serves at the pleasure of the Secretary of Labor.
(c) The Commissioner shall have at least 5 years of experience in state or national banking regulation or management, which may include service as a bank director.
(d) The Commissioner is entitled to the salary provided in the State budget.