Maryland Statutes
§ 10-109
Maryland § 10-109
This text of Maryland § 10-109 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Financial Institutions § 10-109 (2026).
Text
(a)Except as provided in subsection (b) of this section, the Fund Director and employees of the Fund may not:
(1)Become indebted to any member association; or
(2)Engage or be interested in the sale of securities of or in the negotiation of loans for others to or with any member association.
(b)This section does not apply to a loan that a member association makes to a depositor if the loan is less than the amount of the deposit.
(c)Any person who violates any provision of this section is subject to dismissal.
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Nearby Sections
15
§ 10-101
§ 10-101§ 10-102
§ 10-102§ 10-103
§ 10-103§ 10-103.1
§ 10-103.1§ 10-104
§ 10-104§ 10-105
§ 10-105§ 10-106
§ 10-106§ 10-107
§ 10-107§ 10-108
§ 10-108§ 10-109
§ 10-109§ 10-110
§ 10-110§ 10-110.1
§ 10-110.1§ 10-110.2
§ 10-110.2§ 10-111
§ 10-111§ 10-112
§ 10-112Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 10-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/10-109.