§ 7–201
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 7-201 (2026)
Title 7. Credit Union Share Insurance
Subtitle 2. Credit Union Share Guaranty Corporations
§ 7–201LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
Unless the context requires otherwise, “credit union” has the meaning stated in § 6-101(d) of this article.
(c)
“Credit union share guaranty corporation” means a corporation that is:
(1)
Engaged in the business of providing primary share guaranty insurance for the share and deposit accounts of a credit union; and
(2)
Regulated under this subtitle.
(d)
“Participating credit union” means a credit union that has applied for and been admitted to participation in a credit union share guaranty corporation and whose participation has not terminated.