{"data":{"id":"us-md/md.-code-financial-institutions-10-109","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 10–109","heading":"","body":"(a) Except as provided in subsection (b) of this section, the Fund Director and employees of the Fund may not:\n(1) Become indebted to any member association; or\n(2) Engage or be interested in the sale of securities of or in the negotiation of loans for others to or with any member association.\n(b) This section does not apply to a loan that a member association makes to a depositor if the loan is less than the amount of the deposit.\n(c) Any person who violates any provision of this section is subject to dismissal.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=10-109","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"501e4d98b477f67114bee80af943b1947168a13b0813b3ee06684ad4548cc1c5","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-10-108","next":"us-md/md.-code-financial-institutions-10-110"},"notice":"GroundRules: Original legal text. Not legal advice."}