§ 7-221. State not liable for payment of funds  


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  •    Nothing in this subtitle creates any liability on the State for the payment of any funds to any participating credit union or other person by reason of:

       (1) An act or omission of a credit union share guaranty corporation; or

       (2) A deficiency of a participating credit union in the event a credit union share guaranty corporation is unable to pay the deficiency.


HISTORY: 2002, ch. 540.