Volume 742, Page 4831 View pdf image |
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HARRY HUGHES, Governor 4831 AN ACT concerning Savings Banks - Fiduciary Powers FOR the purpose of granting to savings banks such corporate BY repealing and reenacting, with amendments, Article - Financial Institutions SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Financial Institutions 4-206. (b) In addition to the powers set forth elsewhere in (1) Receive deposits of money from: (i) Any person; (ii) The federal government or its (iii) Any state or its political (2) Pledge collateral to secure the deposits of: (i) The federal government or its (ii) Any state or its political (3) On good security: (i) Invest deposits; and (ii) Make loans from deposits; (4) Subject to § 4-603 of this title: (i) Borrow money; and
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Volume 742, Page 4831 View pdf image |
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