§ 7-215. Notice to Commissioner

MD Fin Inst Code § 7-215 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.