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Statutes » Maryland » Code, Financial Institutions » Title 7

Md. Code, Financial Institutions § 7-105

This is the official text of Md. Code, Financial Institutions § 7-105, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.

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§7–105.

Official statutory text

(a) The Corporation shall insure and guarantee the share and deposit accounts of each member on the same basis, and to the same extent and amount as provided by the National Credit Union Administration Share Insurance Program.

(b) The Corporation may make contracts for reinsurance.

Status: in_force · Read it on the official government site

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