Md. Code, FI § 12-802 - Definitions
|Cite as:||Md. Code, FI § 12-802|
|Currency:||Current through the 2019 Legislative Session|
(a) In this subtitle the following words have the meanings indicated.
(b) "Currency" means currency and coin of the United States or any other country.
(c) "Department" means the Department of Labor, Licensing, and Regulation.
(1) "Financial institution" means:
(i) A national banking association;
(ii) A State banking institution;
(iii) A credit union that is organized under the laws of this State or of the United States;
(iv) Any other organization that is organized under the banking laws of the State and subject to the supervision of the Commissioner;
(v) A savings and loan association that is organized under the laws of the State or of the United States; or
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