Maryland Financial Institutions Section 7-201

      (a)      In this subtitle the following words have the meanings indicated.

      (b)      Unless the context requires otherwise, "credit union" has the meaning stated in § 6-101(d) of this article.

      (c)      "Credit union share guaranty corporation" means a corporation that is:

            (1)      Engaged in the business of providing primary share guaranty insurance for the share and deposit accounts of a credit union; and

            (2)      Regulated under this subtitle.

      (d)      "Participating credit union" means a credit union that has applied for and been admitted to participation in a credit union share guaranty corporation and whose participation has not terminated.