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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 5-804

  • Conviction: A judgement of guilt against a criminal defendant.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
(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.

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