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Code · Maryland · Financial Institutions

§ 7-221

64 words·~1 min read·/md/financial-institutions/7-221

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§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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