Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 10-116

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
It is the policy of this State that funds will be appropriated to the Fund to the extent necessary to protect holders of savings accounts in member associations, and to enable the Fund to meet its obligations under a hardship withdrawal plan or partial distribution of assets.
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