Maine § 9-B §1019 Prohibitions

Maine Statutes

§ 9-B §1019 — Prohibitions

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 10 OTHER FINANCIAL ENTITIES·Ch. 101 FINANCIAL INSTITUTION HOLDING COMPANIES

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.

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