Marvin Mandel, Governor                         239

bers incurred prior to July 1, 1971, shall be paid in full both prin-
cipal and interest, from the proceeds of the call to be issued on July
1, 1971.

Subsequent to July 1, 1971, from time to time, as and when the
corporation has made or is about to make loans totaling not less
than $100,000.00, members shall become liable for a call equal to
said loans, subject to the maximum call limit restriction. Such new
call or calls made pursuant to this liability shall be prorated among
the members, and participating interests shall be allocated among
members, in the loans necessitating such call on the same basis and
manner as from time to time may be applicable pursuant to the pro-
visions of this [subparagraph] subsection (a).

The evidences of the indebtedness of the corporation to its mem-
bers incurred pursuant to calls made on or after July 1, 1971, shall
be in the form of time notes collateralized by the allocation of par-
ticipating interests, which notes shall have a maturity date cor-
responding to the maturity date of the loan most remotely coming
due in which a participating interest has been allocated pursuant to
the particular call involved.

Principal payments received on loans made by the corporation shall
be allocated among the members on the basis of their participating
interests and remitted not later than three months following receipt
of such payments, in reduction of the indebtedness of the corpora-
tion to members under the time notes relating to such loan or loans.
Interest accrued on the time notes shall be calculated and paid to
members on the basis as set forth in such time notes and shall be paid
at least once every three months.

Whenever any loan made by the corporation in which participating
interests have been allocated to members pursuant to calls is deter-
mined by vote of the executive committee of the board of directors
to be uncollectible, payment of the uncollectible principal balance of
such loan shall be made from the capital, surplus and reserve funds
of the corporation and shall be allocated among the members on
the basis of each member's participating interest therein and remit-
ted on the next following payment date.

Notwithstanding the provisions of any other law, general or
special, the notes or other interest-bearing obligations of such cor-
poration, issued in accordance with and by virtue of this subtitle and
by the bylaws of such corporation, shall be legal investments for the
financial institutions which become members of such corporation.

84A.

(a) "Organized crime" defined.—The term "organized crime"
means any combination or conspiracy to engage in criminal activity
as a significant source of income or livelihood, or to violate, aid or
abet the violation of criminal laws relating to prostitution, gambling,
loan sharking, drug abuse, illegal drug distribution, counterfeiting,
extortion, corruption of law enforcement officers or other public
officers or [employers] employees.

136B.

In case the dissolution of a charitable or religious corporation of
this State without capital stock involves provision to be made as