Maine § 9-B §1019 Prohibitions

Maine Statutes

§ 9-B §1019 — Prohibitions

Maine § 9-B §1019

Title 9-BFINANCIAL INSTITUTIONS

Part 10OTHER FINANCIAL ENTITIES

Ch. 101FINANCIAL INSTITUTION HOLDING COMPANIES

This text of Maine § 9-B §1019 (Prohibitions) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 9-B, § 9-B §1019 (2026).

Text

1.Prohibited practices. To the extent provided for therein, financial institution holding companies subject to the laws of this State shall be subject to chapters 24 and 46.

2.Penalties. Any person or company violating any provision of this chapter, or any regulation promulgated thereunder, is subject to a penalty of not more than $1,000 per day for each day the violation continues, to be recovered in a civil action in the name of the State.

3.Remedy for violation of section 1013. A Maine financial institution or any financial institution holding company which violates section 1013 shall be subject to the provisions of chapters 23 and 24.

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1.
Prohibited practices.
To the extent provided for therein, financial institution holding companies subject to the laws of this State shall be subject to chapters 24 and 46.
2.
Penalties.
Any person or company violating any provision of this chapter, or any regulation promulgated thereunder, is subject to a penalty of not more than $1,000 per day for each day the violation continues, to be recovered in a civil action in the name of the State.
3.
Remedy for violation of section 1013.
A Maine financial institution or any financial institution holding company which violates section 1013 shall be subject to the provisions of chapters 23 and 24.