MARVIN MANDEL, Governor                               1833

(9)   THE CONDITION ON WHICH DEPOSITS MAY BE
RECEIVED AND WITHDRAWN;

(10)   THE METHOD OF RECEIPTING FOR MONEY;

(11)    THE MANNER OF ACCUMULATING ITS RESERVE

FUND;
DIVIDENDS;

(12) THE MANNER OF DETERMINING AND PAYING

(13)    ANY FINE TO BE CHARGED ON FAILURE TO
MEET PROMPTLY AN OBLIGATION TO IT;

(14)   THE MANNER IN WHICH ITS FUNDS WILL BE
INVESTED;

(15)   THE MANNER OF MAKING AND REPAYING LOANS;

(16)    THE MAXIMUM RATE OF INTEREST WHICH MAY
BE CHARGED ON LOANS; AND

(17)   THE MANNER OF EFFECTING ITS VOLUNTARY
DISSOLUTION.

REVISOR'S NOTE: This section presently appears as
the first paragraph of Art. 11, §136.

The provisions of present §136 which relate to
the minimum number of directors are contained
in §6-315.

The present provision which requires the
bylaws to specify the number of committee
members is deleted as inconsistent with Art.
11, §145, as enacted by Ch. 16, Acts of 1968
to give the Board of Directors the power to
determine the number of committee members.
See §§6-320 and 6-321.

The only other changes are in style.

6-305. ARTICLES OF INCORPORATION AND BYLAWS - FILING FOR
EXAMINATION.

(A) INVESTIGATION AND DETERMINATION.

THE INCORPORATORS SHALL FILE FOR EXAMINATION WITH
THE COMMISSIONER THE THREE COPIES OF THE ARTICLES OF
INCORPORATION AND THE BYLAWS. THE COMMISSIONER SHALL
INVESTIGATE AND DETERMINE FROM THE BEST AVAILABLE SOURCES
OF INFORMATION IF: