§ 6-604. Total of all loans
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 6-604
§ 6-604. Total of all loans
The total of all loans made by a credit union directly or indirectly to any one member may not exceed 10 percent of the total assets of the credit union.
Credits
Added as Financial Institutions § 6-504 by Acts 1980, c. 33, § 2, eff. July 1, 1980. Renumbered as Financial Institutions § 6-604 by Acts 2001, c. 147, § 1, eff. Oct. 1, 2001; Acts 2001, c. 148, § 1, eff. Oct. 1, 2001.
Formerly Art. 11, § 152.
MD Code, Financial Institutions, § 6-604, MD FIN INST § 6-604
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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