Maryland Statutes
§ 10-112
Maryland § 10-112
This text of Maryland § 10-112 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 § 10-112 (2026).
Text
(a)An association becomes a member when its application is approved by the Fund Director.
(b)Subject to the terms and conditions adopted by the Fund Director, a member association may withdraw at any time from the Fund and have returned all or part of any capital advanced to the State of Maryland Savings-Share Insurance Corporation and all or part of any capital deposit required for membership in the Fund. All moneys and other assets of the former Maryland Savings-Share Insurance Corporation Central Reserve Fund shall continue to be segregated and maintained by the Fund to provide liquidity and are not subject to any insurance claim.
(c)The net earnings of the Fund shall be accumulated for the benefit of the State and may not be returned to any member association.
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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 § 10-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/10-112.