Maine Statutes

§ 9-B §1236 — Deposits

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 12 SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS·Ch. 123 UNINSURED BANKS
An uninsured bank may not engage in retail deposit activities. The superintendent shall define deposit activities that do not constitute retail deposit activities by rule, taking account of the size or nature of depositors and deposit accounts.

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Legislative History

PL 1997, c. 398, §J2 (NEW).

Nearby Sections

15
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