There is a newer version of the Maryland Code
Maryland Financial Institutions Section 7-118
§ 7-118.
  (a)   The Corporation may not accept an application from a credit union for new membership on or after the date that the Commissioner issues the first certificate of authority under § 7-203 of this title.
  (b)   The Commissioner shall notify the Corporation of the date that the Commissioner issues the first certificate of authority under § 7-203 of this title.
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