Maryland Statutes

§ 7-221

Maryland·Article gfi Financial Institutions·Title 7

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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