<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="7-211" title_number="7" title_name="Credit Union Share Insurance" subtitle_number="2" subtitle_name="Credit Union Share Guaranty Corporations">
  <level label="a">
    <text>A credit union share guaranty corporation shall pay all reasonable expenses for transportation, lodging, and meals associated with:</text>
    <level label="1">
      <text>An examination required or permitted under § 7-210 of this subtitle; and</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>A credit union share guaranty corporation shall pay an annual assessment of $5,000.</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
</section>
