Maryland Financial Institutions Section 6-901

      (a)      (1)      Except for a credit union authorized to do business in this State, a person may not:

                  (i)      Use or advertise any name or title that contains the words "credit union" or any derivation of that term;

                  (ii)      Represent itself as a credit union;

                  (iii)      Conduct business as a credit union; or

                  (iv)      Conduct business under a name or title that:

                        1.      Indicates or reasonably implies that the person engages in or transacts the type of business conducted by a credit union; or

                        2.      Is calculated to lead a person to believe that the business engaged in or transacted is the type of business conducted by a credit union.

            (2)      Any person who violates any provision of this subsection is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $3,000 or imprisonment not exceeding 5 years or both per occurrence.

      (b)      This section does not apply to an association or league of credit unions, whether or not the association or league is incorporated.