{"data":{"id":"us-md/md.-code-financial-institutions-6-904","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 6–904","heading":"","body":"(a) An officer or official who in any way knowingly permits or participates in making a loan in violation of § 6-611 of this title is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $3,000 or imprisonment not exceeding 5 years or both, per occurrence.\n(b) If a loan is made in violation of § 6-611 of this title, the credit union may recover the amount of the loan from:\n(1) Any borrower; or\n(2) Any officer or official who knowingly permitted or participated in making the loan.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=6-904","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"6f97dadb00ab5e6e8b4620fc54b8339f9dd2f7dee5518442a388da2d1b5be3e8","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-6-903","next":"us-md/md.-code-financial-institutions-6-905"},"notice":"GroundRules: Original legal text. Not legal advice."}
