Maine § 9-B §312-A Expedited authority

Maine Statutes

§ 9-B §312-A — Expedited authority

Maine § 9-B §312-A

Title 9-BFINANCIAL INSTITUTIONS

Part 3ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS

Ch. 31ORGANIZATION AND MANAGEMENT OF INVESTOR-OWNED INSTITUTIONS

This text of Maine § 9-B §312-A (Expedited 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 §312-A (2026).

Text

Notwithstanding any other provision of law, the superintendent may grant a certificate of public convenience and advantage for a corporation, limited liability company, limited partnership or limited liability partnership to conduct business as a financial institution effective immediately if the superintendent determines that such action is necessary for the protection of depositors or the public. This action may be taken only in conjunction with transactions processed under section 354‑A or 355‑A.

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Notwithstanding any other provision of law, the superintendent may grant a certificate of public convenience and advantage for a corporation, limited liability company, limited partnership or limited liability partnership to conduct business as a financial institution effective immediately if the superintendent determines that such action is necessary for the protection of depositors or the public. This action may be taken only in conjunction with transactions processed under section 354‑A or 355‑A.