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§ 6-714. Marketing arrangements

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 6. Credit Unions (Refs & Annos)
Subtitle 7. Miscellaneous Regulations (Refs & Annos)
MD Code, Financial Institutions, § 6-714
§ 6-714. Marketing arrangements
In general
(a) As approved by the Commissioner, a credit union may enter into marketing arrangements with a person to facilitate the credit union's members' voluntary purchase of goods or other services from third parties, consistent with the purposes of the credit union.
Compensation for services provided
(b) A credit union may be compensated for the services provided under subsection (a) of this section.

Credits

Added by Acts 2001, c. 147, § 1, eff. Oct. 1, 2001; Acts 2001, c. 148, § 1, eff. Oct. 1, 2001.
MD Code, Financial Institutions, § 6-714, MD FIN INST § 6-714
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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