State Codes and Statutes
Statutes > Maryland > Financial-institutions > Title-7 > Subtitle-1 > 7-118§ 7-118. End of authority to accept applications; notice.
(a) End of authority to accept applications.- The Corporation may not accept an application from a credit union for new membership on or after the date that the Commissioner issues the first certificate of authority under § 7-203 of this title.
(b) Notice.- The Commissioner shall notify the Corporation of the date that the Commissioner issues the first certificate of authority under § 7-203 of this title.
[2002, ch. 540.]
