(a) In this section, "affiliate" has the meaning stated in § 5-401(b)
of this article.
(b) Except as provided in subsection (d) of this section, the investigative
and enforcement powers of the Commissioner authorized under this
subtitle are in addition to any investigative or enforcement powers of
the Commissioner authorized under any other provision of law.
(c) Beginning in fiscal year 2001, the Governor shall appropriate in the
State budget in each fiscal year to the Division of Financial
Regulation funding for the positions necessary to implement the
investigative and enforcement powers authorized under this subtitle.
(d) The provisions of §§ 2-114 through 2-116, inclusive, of this
subtitle do not apply to:
(1) Any bank, trust company, savings bank, savings and loan association, or
credit union incorporated or chartered under the laws of this State or
the United States that maintains its principal office in this State;
(2) Any out-of-state bank, as defined in § 5-1001 of this article,
having a branch that accepts deposits in this State;
(3) Any institution incorporated under federal law as a savings association
or savings bank that does not maintain its principal office in this
State but has a branch that accepts deposits in this State; or
(4) An affiliate of an institution described in paragraph (1), (2), or (3)
of this subsection.
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