PARRIS N. GLENDENING, Governor                             Ch. 213

(d) "Supervisory agency" means:

(1)     The Federal Deposit Insurance Corporation;

(2)     The Federal Savings and Loan Insurance Corporation;

(3)     The Federal Home Loan Bank Board;

(4)     The National Credit Union Administration;

(5)     The Federal Reserve Board;

(6)     The United States Comptroller of the Currency;

(7)     The State of Maryland Deposit Insurance Fund Corporation;

(8)     The Credit Union Insurance Corporation;

(9)     The Bank Commissioner;

(10)   The Division of Savings and Loan Associations; [or]

(11)   The Commissioner of Consumer Credit; OR

(12)    AN AGENCY OF ANOTHER STATE WITH PRIMARY RESPONSIBILITY
FOR CHARTERING AND SUPERVISING BANKS.

3-206.

(b) In addition to the powers set forth elsewhere in this article, a commercial bank
may:

(1)     Receive deposits of money on which interest may be paid;

(2)     Buy and sell coin and bullion;

(3)     Buy and sell foreign and domestic exchange;

(4)     Subject to § 3-604 of this title, accept drafts drawn on it;

(5)     Issue letters of credit that authorize the holder to draw drafts on it or on
its correspondents payable at sight or at a time not exceeding 1 year;

(6)     Issue its debt instruments for money that is borrowed or received on
deposit or for investment;

(7)     Lend money on personal security or on real or personal properly;

(8)     Subject to § 3-605 of this title, become owner and lessor of personal
property;

(9)     Subject to § 5-503 of this article, buy, hold, lease, and convey real
property;

(10)   Pledge collateral to secure deposits of:

(i) The federal government or its agencies; or

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