Maryland § 7-210
Full text of Maryland Maryland Code § 7-210, with citation guidance and answers to common questions.
§ 7-210.
(a) (1) The Commissioner:
(i) Shall examine the business of each credit union share guaranty corporation at least once every 24 months; and
(ii) May examine the business of each credit union share guaranty corporation at any time that the Commissioner reasonably considers necessary.
(2) The Commissioner may enter into agreements with third parties and delegate the authority to conduct an examination required or permitted under this subsection.
(3) In lieu of performing an examination of a credit union share guaranty corporation, the Commissioner may accept an examination report from the responsible supervisory official of the credit union share guaranty corporation’s state of domicile.
(b) (1) A person aggrieved by the conduct of a credit union share guaranty corporation under this subtitle in connection with the credit union share guaranty business may file a written complaint with the Commissioner who may investigate the complaint.
(2) The Commissioner may make any other investigation of any person if the Commissioner has reasonable cause to believe that the person has violated any provision of this subtitle, any regulation adopted under this subtitle, or any other law regulating credit union share guaranty corporations in the State.
(c) In connection with an examination or investigation made under this section, the Commissioner may:
(1) Examine the books and records of any credit union share guaranty corporation or of any other person who the Commissioner believes has violated any provision of this subtitle, any regulation adopted under this subtitle, or any other law regulating credit union share guaranty corporations in the State;
(2) Subpoena documents or other evidence; or
(3) Summon and examine under oath any individual whose testimony the Commissioner requires.
(d) If any person fails to comply with a subpoena or summons issued by the Commissioner under this section, the Commissioner may file a petition for enforcement in the appropriate circuit court.
Frequently Asked Questions About Maryland § 7-210
What does Maryland Code § 7-210 cover?
Section 7-210 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 § 7-210?
A common citation format is "Maryland Code § 7-210" (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 § 7-210 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.