2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 7-215 - Notice to Commissioner
§7-215.
A credit union share guaranty corporation shall provide written notice to the Commissioner of:
(1) The receipt from a credit union of an application for participation in the credit union share guaranty corporation;
(2) The credit union share guaranty corporation’s underwriting decision regarding the application for participation; and
(3) The voluntary or involuntary termination of the participation of a credit union in the credit union share guaranty corporation.
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