Md. Code, Financial Institutions § 7-221
Md. Code, Financial Institutions § 7-221
in effectNothing 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=7-221&enactments=falseFetched: 10/17/2026
