# Financial Institutions (GFI)

## Title 6. Credit Unions

### Subtitle 9. Prohibited Activities; Penalties

#### Section 6-906.2

(a) In this section, "extraordinary circumstances" means a situation presenting specific concerns about the prompt withdrawal of money from, or the safety and soundness of, a credit union.

(b) In extraordinary circumstances and with the consent of the credit union, the Commissioner may close to the public a hearing concerning the assessment of a civil penalty, an order to cease and desist, or any other formal enforcement action by the Commissioner.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)