1508                                          LAWS OF MARYLAND                                Ch. 567

(1)    The articles and bylaws are framed in
accordance with law;

(2)   The bylaws are reasonable;

(3)    The character, responsibility, and
general fitness of the incorporators command confidence
and warrant belief that the business of the proposed
credit union will be conducted honestly and efficiently,
in accordance with the [the] intent of this subtitle; and

(4)   Allowing the proposed credit union to
engage in business:

(i) Will promote public convenience and
advantage; and

(ii) Is expedient and desirable.

6-3 06.

(b) The following fees shall be paid for filing
articles and bylaws for record:

(1)   With the Commissioner—$10; and

(2)    With the Department—As provided for
articles of incorporation under the [general corporation
law] MARYLAND GENERAL CORPORATION LAW.

6-316.

(a) The [board of directors] BUSINESS AND AFFAIRS
of a credit union shall [manage its affairs, funds, and
records] BE MANAGED UNDER THE DIRECTION OF A BOARD OF
DIRECTORS.

6-326.

(e) Whenever possible, this section shall be
construed to permit a credit union chartered under any
other act to merge with one chartered under this
subtitle, and to permit one chartered under this subtitle
to merge with [on] ONE chartered under any other act.

10-112.

(a) A limited partner also may loan money to and
transact other business with the partnership, and, unless
he is also a general partner, receive on account of
resulting claims against the partnership, with general
creditors, a pro rata share of the assets. No limited
partner [shall] MAY in respect to any such claim, IF AT
THE TIME THE ASSETS OF THE PARTNERSHIP ARE NOT SUFFICIENT
TO DISCHARGE PARTNERSHIP LIABILITIES TO PERSONS NOT
CLAIMING AS GENERAL OR LIMITED PARTNERS:

(1) Receive or hold as collateral security