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Maryland · Through 2026-01-01

Md. Code, Financial Institutions § 6–906.2

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  1. Article - Financial Institutions

(a) In this section, “extraordinary circumstances” means a situation presenting specific concerns about the prompt withdrawal of money from, or the safety and soundness of, a credit union.

(b) In extraordinary circumstances and with the consent of the credit union, the Commissioner may close to the public a hearing concerning the assessment of a civil penalty, an order to cease and desist, or any other formal enforcement action by the Commissioner.

Collected 2026-09-14T19:58:27Z. Source file · JSON

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