Md. Code, Financial Institutions § 6-312
This is the official text of Md. Code, Financial Institutions § 6-312, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§6–312.
Official statutory text
In addition to the powers set forth elsewhere in this title, a credit union may:
(1) Receive the shares and deposits of its members;
(2) Lend money to its members;
(3) Invest funds as provided in this title; and
(4) Undertake other activities that:
(i) Are consistent with this title;
(ii) Relate to its purposes; and
(iii) Are authorized by its bylaws.
(1) Receive the shares and deposits of its members;
(2) Lend money to its members;
(3) Invest funds as provided in this title; and
(4) Undertake other activities that:
(i) Are consistent with this title;
(ii) Relate to its purposes; and
(iii) Are authorized by its bylaws.
Status: in_force · Read it on the official government site
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