§ 6-312. General powers

MD Fin Inst Code § 6-312 (2019) (N/A)
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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.