Maine Statutes
§ 9-B §1023 — Application of general corporation law; articles of incorporation
Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 10 OTHER FINANCIAL ENTITIES·Ch. 102 MUTUAL TRUST INVESTMENT COMPANIES
1.Subject to Title 13-C.
Except as otherwise provided in this chapter, such a mutual trust investment company must be incorporated under and is subject to Title 13‑C.
2.Incorporators.
The incorporators subscribing to and acknowledging the articles of incorporation shall consist of 5 or more persons who are officers or directors of the banks and trust companies causing such mutual trust investment company to be incorporated.
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Legislative History
PL 1975, c. 500, §1 (NEW). RR 2001, c. 2, §B19 (COR). RR 2001, c. 2, §B58 (AFF).
Nearby Sections
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§ 9 §10
Conduct of hearing§ 9 §1000
Increase of capital stock§ 9 §1001
Preferred stock§ 9 §1003
Branches§ 9 §1043
Qualifications of directors§ 9 §1044
Cash reserve§ 9 §1045
Surplus fund§ 9 §1046
Borrowing capacity