Maryland Statutes
§ 10-109
(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
§ 10-112