# Financial Institutions (GFI)

## Title 7. Credit Union Share Insurance

### Subtitle 2. Credit Union Share Guaranty Corporations

#### Section 7-211

(a) A credit union share guaranty corporation shall pay all reasonable expenses for transportation, lodging, and meals associated with:

  (1) An examination required or permitted under Sec. 7-210 of this subtitle; and

  (2) Any other examination or investigation conducted under this article that results in the discovery of a violation of this subtitle by the credit union share guaranty corporation.

(b)

  (1) A credit union share guaranty corporation shall pay an annual assessment of $5,000.

  (2) A credit union share guaranty corporation shall pay the assessment imposed under paragraph (1) of this subsection to the Commissioner on or before February 15 after the assessment is imposed.

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