§ 7-221. State not liable for payment of funds

MD Fin Inst Code § 7-221 (2019) (N/A)
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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.