Md. Code, Financial Institutions § 7-105
Md. Code, Financial Institutions § 7-105
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=7-105&enactments=falseFetched: 10/17/2026
