{"data":{"id":"us-md/md.-code-financial-institutions-6-312","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 6–312","heading":"","body":"In addition to the powers set forth elsewhere in this title, a credit union may:\n(1) Receive the shares and deposits of its members;\n(2) Lend money to its members;\n(3) Invest funds as provided in this title; and\n(4) Undertake other activities that:\n(i) Are consistent with this title;\n(ii) Relate to its purposes; and\n(iii) Are authorized by its bylaws.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=6-312","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"b87a593ecc0722f60642a231402d952b6807c49a9d93bd634783ded4f48d3294","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-6-309","next":"us-md/md.-code-financial-institutions-6-313"},"notice":"GroundRules: Original legal text. Not legal advice."}