Maryland Financial Institutions Section 6-312

Article - Financial Institutions

§ 6-312.

      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.



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.