{"data":{"id":"us-md/md.-code-financial-institutions-1-305","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 1–305","heading":"","body":"(a) Any officer, employee, agent, or director of a fiduciary institution who knowingly and willfully discloses financial records in violation of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine of not more than $1,000.\n(b) Any person who knowingly and willfully induces or attempts to induce an officer, employee, agent, or director of a fiduciary institution to disclose financial records in violation of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine of not more than $1,000.\n(c) (1) Subsections (a) and (b) of this section do not apply in connection with an abuse report required under § 1–306(d) of this subtitle.\n(2) A fiduciary institution that fails to file an abuse report concerning an elder adult as required under § 1–306(d) of this subtitle is subject to:\n(i) A civil penalty not exceeding $1,000; or\n(ii) If the failure to report is willful, a civil penalty not exceeding $5,000.\n(3) The civil penalties provided under paragraph (2) of this subsection:\n(i) May be recovered only in a civil action brought by the Attorney General against the fiduciary institution; and\n(ii) Shall be paid by the fiduciary institution.\n(4) A person who discloses information contained in an abuse report in violation of § 1–306(d)(4) of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=1-305","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"e2add9667c347959a36601abb65661e8711a026d0a440fe76b6cbf94ae15e748","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-1-304","next":"us-md/md.-code-financial-institutions-1-306"},"notice":"GroundRules: Original legal text. Not legal advice."}