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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 7-221 - State not liable for payment of funds


MD Fin Inst Code § 7-221 (2013) What's This?

§7-221.

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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