§ 7-215
69 words·~1 min read·
/md/financial-institutions/7-215A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.