Maine § 9-B §1315 Representative offices

Maine Statutes

§ 9-B §1315 — Representative offices

Maine § 9-B §1315

Title 9-BFINANCIAL INSTITUTIONS

Part 13FOREIGN BANKS

Ch. 131FOREIGN BRANCHES, AGENCIES AND REPRESENTATIVE OFFICES

This text of Maine § 9-B §1315 (Representative offices) 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 §1315 (2026).

Text

1.Notification required. A foreign bank may establish a representative office in this State with 30 days' prior notice to the superintendent. A foreign bank may not establish a representative office in this State without the prior approval of the Board of Governors of the Federal Reserve System pursuant to Section 10 of the federal International Banking Act of 1978.

2.Permitted activities. Foreign banks may conduct the following activities through representative offices:

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1.
Notification required.
A foreign bank may establish a representative office in this State with 30 days' prior notice to the superintendent. A foreign bank may not establish a representative office in this State without the prior approval of the Board of Governors of the Federal Reserve System pursuant to Section 10 of the federal International Banking Act of 1978.
2.
Permitted activities.
Foreign banks may conduct the following activities through representative offices: