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    • Legislation USA
    • Maryland Statutes
    • Financial Institutions
    • Title 6 - Credit Unions
    • Subtitle 9 - Prohibited Activities; Penalties

    Maryland Statutes
    Title 6 - Credit Unions
    Subtitle 9 - Prohibited Activities; Penalties

    Section 6-901 - Unauthorized Use of Words "Credit Union" Prohibited - (a)    (1)    Except for a credit union authorized to do...

    Section 6-902 - Making, Circulating, or Sending Untrue Statements - (a)    A person may not willfully make, circulate, or send...

    Section 6-903 - Intentionally False Statements or False Records - (a)    An officer, official, or employee of a credit union...

    Section 6-904 - Improper Loans - (a)    An officer or official who in any way knowingly...

    Section 6-905 - Improper Loans -- Action by Commissioner - (a)    The Commissioner may order a credit union, or enter...

    Section 6-906 - Cease and Desist Orders - (a)    The Commissioner shall order any credit union to cease...

    Section 6-906.1 - Cease and Desist Orders -- Civil Penalty - (a)    After notice and a hearing, the Commissioner may assess...

    Section 6-906.2 - Closed Hearing in Extraordinary Circumstances - (a)    In this section, “extraordinary circumstances” means a situation presenting...

    Section 6-907 - Unsafe or Unsound Practices - (a)    (1)    If the Commissioner believes that an officer or...

    Section 6-908 - Violations - (a)    If the Commissioner believes that any officer, official, agent,...

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