Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 6. CREDIT UNIONS |
SUBTITLE 7. MISCELLANEOUS REGULATIONS. |
§ 6-714. Marketing arrangements
Latest version.
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(a) Authorized. -- 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.
(b) Compensation. -- A credit union may be compensated for the services provided under subsection (a) of this section.