{"data":{"id":"us-md/md.-code-financial-institutions-4-209","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 4–209","heading":"","body":"(a) Payment to the initial guaranty fund shall be:\n(1) Made in money; and\n(2) Evidenced by transferable deferred payment certificates.\n(b) The approval of the Commissioner is required as to:\n(1) The form of the transferable deferred payment certificates;\n(2) The rate of interest that the holder of a certificate will be entitled to receive; and\n(3) The terms under which and the pro rata installments by which the holder of a certificate will be repaid.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=4-209","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"c9183a108cc7b9f5db991bbf1c1a25f8e590b7fbd6e06e7ce266d862cdf8b2c3","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-4-208","next":"us-md/md.-code-financial-institutions-4-210"},"notice":"GroundRules: Original legal text. Not legal advice."}