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Statutes Text

Article - Financial Institutions




§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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