# Financial Institutions (GFI)

## Title 7. Credit Union Share Insurance

### Subtitle 2. Credit Union Share Guaranty Corporations

#### Section 7-221

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.

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