§ 11-418
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/md/financial-institutions/11-418·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–418.
A person may not knowingly:
(1)Make an incorrect statement of material fact in any application, report, or other statement filed under this subtitle; or
(2)Fail to state any material fact that is necessary to give the Commissioner any information that the Commissioner requires under this subtitle.