Subject to the limitations in this section and notwithstanding any other provision of law, the Treasurer may lend to a bank or securities broker any security that is owned by the State and is in the custody of the Treasurer. The Treasurer and the bank or broker to whom a loan is to be made under this section shall make a written contract that governs the loan. The contract shall set forth: the term of the loan; the consideration for the loan; any provisions that the Treasurer determines are needed to protect the interests of the State; and any other conditions of the loan. Consideration for a loan under this section may not be less than the current market lending rate for the securities on loan. The bank or broker to whom a loan is to be made under this section shall deposit with the Treasurer collateral with a value that equals or exceeds the value of the securities on loan. Collateral that may be used under this section shall be: money; or a security in which the Treasurer may invest under § 6-222 or § 6-223 of this article. The Treasurer may enter into a contractual agreement with a financial institution to lend, as agent, securities owned by the State and in the custody of the Treasurer. The financial institution shall provide security or indemnification acceptable to the Treasurer.