Maine Statutes
§ 9-B §1313 — Federal branches and agencies
Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 13 FOREIGN BANKS·Ch. 131 FOREIGN BRANCHES, AGENCIES AND REPRESENTATIVE OFFICES
1.Permissibility of federal branches and agencies.
Nothing in this Title may be construed to prohibit the operation of a federal branch or a federal agency in this State.
2.No concurrent maintenance of federal branches or agencies.
No foreign bank authorized to operate a Maine branch or Maine agency pursuant to section 1312 may maintain concurrently a federal branch or federal agency in this State.
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Legislative History
PL 1997, c. 182, §B3 (NEW).
Nearby Sections
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§ 9 §10
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Borrowing capacity