Maine Statutes
§ 9-B §326 — Board of directors
Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 3 ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS·Ch. 32 ORGANIZATION AND MANAGEMENT OF MUTUAL AND COOPERATIVE FINANCIAL INSTITUTIONS
Except as provided in this section and section 327, the management and operations of a financial institution organized under this chapter must be pursuant to Title 13‑C, chapter 8.
1.Directors: number, election, qualifications and term.
2.Meetings of the directors.
3.Powers and duties of the board.
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Legislative History
PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §§15-A,16 (AMD). PL 1977, c. 379 (AMD). PL 1983, c. 63, §2 (AMD). PL 1997, c. 398, §§D13-15 (AMD). RR 2001, c. 2, §§B10,11 (COR). RR 2001, c. 2, §B58 (AFF). PL 2003, c. 528, §§1-3 (AMD).
Nearby Sections
15
§ 9 §10
Conduct of hearing§ 9 §1000
Increase of capital stock§ 9 §1001
Preferred stock§ 9 §1003
Branches§ 9 §1043
Qualifications of directors§ 9 §1044
Cash reserve§ 9 §1045
Surplus fund§ 9 §1046
Borrowing capacity