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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 6-312 - General powers
MD Fin Inst Code § 6-312 (2013) What's This?
§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.
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