Maine Statutes
§ 9-B §1055 — Rules
Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 10 OTHER FINANCIAL ENTITIES·Ch. 105 MUTUAL HOLDING COMPANY
The superintendent shall adopt such rules as necessary to effectuate the purposes of this chapter and to ensure that the reorganization of a mutual financial institution is conducted in a fair and equitable manner to ensure the safety and soundness of the subsidiary universal bank and the protection of the subsidiary universal bank's net worth.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 9-B §1055 (Rules) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1985, c. 558 (NEW). PL 1993, c. 257, §9 (AMD). PL 2009, c. 228, §16 (AMD).
Nearby Sections
15
§ 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