Plain Text Law

§ 7–221

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 7-221 (2026)
Title 7. Credit Union Share Insurance
Subtitle 2. Credit Union Share Guaranty Corporations

§ 7–221Copy Citation

Nothing in this subtitle creates any liability on the State for the payment of any funds to any participating credit union or other person by reason of:
(1)
An act or omission of a credit union share guaranty corporation; or
(2)
A deficiency of a participating credit union in the event a credit union share guaranty corporation is unable to pay the deficiency.