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Section 10-101 - Definitions - (a) In this title the following words have the meanings...
Section 10-102 - Corporation Established - There is a State of Maryland Deposit Insurance Fund Corporation...
Section 10-103 - Appointment, Term, and Powers of Fund Director; Board of Directors - (a) The Fund Director is appointed by the Governor. (b)...
Section 10-103.1 - Advisory Function of Board - (a) The function of the Board is advisory. (b) The...
Section 10-104 - Employees - (a) The Fund Director may employ a staff in accordance...
Section 10-105 - Authority of Secretary - The Fund Director exercises powers and performs duties subject to...
Section 10-106 - Official Seal - The Fund Director shall adopt an official seal. A description...
Section 10-107 - Fund Director to Devote Full Time to Duties of Fund - The Fund Director shall devote full time to the duties...
Section 10-108 - Conflicts of Interest -- in General - (a) The Fund Director may not: (1) Be an officer...
Section 10-109 - Conflicts of Interest -- Other Prohibited Activities - (a) Except as provided in subsection (b) of this section,...
Section 10-110 - State of Maryland Deposit Insurance Fund - (a) (1) (i) The money of the State of Maryland...
Section 10-110.1 - Final Determination of Insurable Loss - (a) Upon final liquidation of a member association, the Fund...
Section 10-110.2 - Advances by State to Fund; Money Recovered by Fund - (a) Any moneys advanced by the State to the Fund...
Section 10-111 - Membership -- Applications; Certification by Division Director - (a) (1) Any association or the incorporators of a proposed...
Section 10-112 - Membership -- Effective Upon Approval; Withdrawal; Accumulated Earnings Retained - (a) An association becomes a member when its application is...
Section 10-113 - Rules and Regulations; Withdrawal From Fund - (a) The Fund Director shall adopt rules and regulations to...
Section 10-114 - Exchange of Information - Section 9-504 of this article does not prevent the Division...
Section 10-115 - Application of State Insurance Laws - The Fund is not subject to the Insurance Article.
Section 10-116 - Appropriation Policy - It is the policy of this State that funds will...
Section 10-117 - Eligibility for Membership -- Major Associations - (a) A major association is not eligible for new or...
Section 10-118 - Eligibility for Membership -- Other Associations - (a) (1) An association that is not a major association...
Section 10-119 - Penalty for Submitting False Information - (a) Any person who knowingly submits false information to the...
Section 10-120 - Accrual of Certain Rights, Claims, and Liabilities of Fund to Successor Agency or Maryland Department of Labor - (a) In addition to any other remedies available at law...
Section 10-121 - Defense of Sovereign Immunity - The Fund shall have the immunity from liability described under...