Ch. 635                                          LAWS OF MARYLAND

(d)  The Corporation may:

(1)  Lend money to any credit union;

(2)  Guarantee, endorse, or act as surety on the
obligations of or otherwise assist financially any credit union;
and

(3)  Establish and regulate the terms and conditions
of and charges for any loans or financial assistance to credit
unions.

(e)  (1) The Corporation may buy, lease, or otherwise
acquire and sell, mortgage, lease, or otherwise dispose of real
or personal property on the terms that its board of directors
considers advisable.

(2) The Corporation may acquire any real or personal
property in satisfaction of debts or enforcement of obligations
and may dispose of that property.

(f)  The Corporation may:

(1)  Assist in the merger, stabilization,
consolidation, or liquidation of credit unions; and

(2)  Take possession of and operate the business and
assets of any credit union if[:

(i) Ordered] ORDERED to do so by the Bank
Commissioner under § 6-307 of this article[; or

(ii) The credit union's membership in the
Corporation is revoked].

(g)  The Corporation may become a member of the
[International Share and Deposit Guaranty Association, Inc.]
NATIONAL DEPOSIT AND GUARANTY CORPORATION ASSOCIATION OF SHARE
INSURANCE CORPORATIONS or any comparable organization.

(h) The Corporation may invest any of its funds in:

(1) Cash or deposits in checking or savings accounts
with or certificates of deposit of:

(i) Any bank that is a member of the Federal
Deposit Insurance Corporation; and

(ii) Any savings and loan association that is a

member of the Federal Savings and Loan Insurance Corporation, the

State of Maryland Deposit Insurance Fund Corporation, or a
similar insurance program;

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