Maine § 9-B §1211 General purpose and authority

Maine Statutes

§ 9-B §1211 — General purpose and authority

Maine § 9-B §1211

Title 9-BFINANCIAL INSTITUTIONS

Part 12SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS

Ch. 121NONDEPOSITORY TRUST COMPANIES

This text of Maine § 9-B §1211 (General purpose and authority) 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 §1211 (2026).

Text

A nondepository trust company is a financial institution organized under the provisions of this Title whose activities are generally limited to trust or fiduciary matters. Unless otherwise indicated in this chapter or to the extent inconsistent with this chapter or with the general purpose of a nondepository trust company, a nondepository trust company has all the powers, duties and obligations of a financial institution under this Title.

Free access — add to your briefcase to read the full text and ask questions with AI

A nondepository trust company is a financial institution organized under the provisions of this Title whose activities are generally limited to trust or fiduciary matters. Unless otherwise indicated in this chapter or to the extent inconsistent with this chapter or with the general purpose of a nondepository trust company, a nondepository trust company has all the powers, duties and obligations of a financial institution under this Title.