Md. Code, Financial Institutions § 6-607

§6–607.

Year: 2026Length: 85 wordsSubsections: 2Official source
(a) Subject to the provisions of subsection (b) of this section, a credit union may participate with a depository financial institution or a credit union service organization for purposes of making a loan to a credit union member in accordance with the lending policies of the board. (b) A credit union may participate in a loan under subsection (a) of this section provided that the credit union that originates the loan retains an interest of at least 10% of the face amount of the loan.
Md. Code, Financial Institutions § 6-607: §6–607. | Justis AI