Maryland Code, FINANCIAL INSTITUTIONS 7-101
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 7-101
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) In this subtitle the following words have the meanings indicated.
(b) “Corporation” means the Credit Union Insurance Corporation.
(c) “Credit union” means:
(1) Any credit union that is incorporated under the laws of this State; and
(2) Any other credit union that is authorized to do business in this State and has its principal office in this State.