Maryland § 6-302
Full text of Maryland Maryland Code § 6-302, with citation guidance and answers to common questions.
§ 6-302.
(a) In this section, “immediate family relative” means:
(1) A spouse;
(2) A child;
(3) A sibling;
(4) A parent;
(5) A grandparent;
(6) A grandchild;
(7) A stepparent;
(8) A stepchild;
(9) A step-sibling; or
(10) Any adopted relative.
(b) A member of a credit union may be:
(1) An individual who shares with other members of the credit union one of the common bonds within the field of membership types approved by the Commissioner;
(2) An employee of the credit union;
(3) An entity that is composed primarily of individuals who are eligible for membership;
(4) An individual living in the same residence and maintaining a single economic unit with an individual who is eligible for membership; and
(5) An immediate family relative of an individual who is eligible for membership.
(c) A person that is eligible for membership under subsection (b) of this section becomes a member when the person:
(1) Subscribes to and pays for at least one share; and
(2) Meets all of the other requirements of the bylaws of the credit union.
(d) Once an individual who is eligible for membership under subsection (b)(4) or (5) of this section becomes a member, then an immediate family relative of the member is eligible to become a member.
(e) A member remains a member of a credit union until the member:
(1) Chooses to withdraw from the membership of the credit union; or
(2) Is expelled by the board under § 6-319 of this subtitle.
Frequently Asked Questions About Maryland § 6-302
What does Maryland Code § 6-302 cover?
Section 6-302 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 6-302?
A common citation format is "Maryland Code § 6-302" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 6-302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.