Maine Statutes

§ 9-B §1215 — Holding companies of nondepository trust companies

Maine § 9-B §1215
JurisdictionMaine
Title 9-BFINANCIAL INSTITUTIONS
Part 12SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
Ch. 121NONDEPOSITORY TRUST COMPANIES

This text of Maine § 9-B §1215 (Holding companies of nondepository trust companies) 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 §1215 (2026).

Text

If the holding company is not deemed to be a financial institution holding company under chapter 101 by virtue of controlling financial institutions other than nondepository trust companies or merchant banks, a holding company of a nondepository trust company is not subject to the provisions of chapter 101, except for section 1013, subsection 1 and the application requirements of section 1015 relevant to section 1013, subsection 1. If the holding company is not deemed to be a financial institution holding company under chapter 101 by virtue of controlling financial institutions other than nondepository trust companies, the superintendent may examine the holding company, including its subsidiaries and affiliates, to the extent necessary to determine the soundness and viability of the nondep

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

Legislative History

PL 1997, c. 398, §J2 (NEW). PL 2005, c. 82, §15 (AMD).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Maine § 9-B §1215, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/9-B%20%C2%A71215.