§ 7–215

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 7-215 (2026)

Title 7. Credit Union Share Insurance

Subtitle 2. Credit Union Share Guaranty Corporations

A credit union share guaranty corporation shall provide written notice to the Commissioner of:

(1)

The receipt from a credit union of an application for participation in the credit union share guaranty corporation;

(2)

The credit union share guaranty corporation’s underwriting decision regarding the application for participation; and

(3)

The voluntary or involuntary termination of the participation of a credit union in the credit union share guaranty corporation.