Maine Statutes
§ 9-B §331 — Applicability of chapter; statewide branching
Maine § 9-B §331
JurisdictionMaine
Title 9-BFINANCIAL INSTITUTIONS
Part 3ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS
Ch. 33BRANCHES
This text of Maine § 9-B §331 (Applicability of chapter; statewide branching) 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 §331 (2026).
Text
1.Applicability.
The provisions of this chapter govern the establishment of a branch office or agency by a financial institution subject to the laws of this State.
2.Statewide branching.
Subject to the conditions and limitations contained in this chapter, a financial institution may establish a branch anywhere within this State, except that a financial institution may not establish a branch within 1.5 miles of any location of an affiliate where the affiliate engages in commercial activity and may not conduct any commercial activity at any branch.
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Legislative History
PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §E1 (AMD). PL 2007, c. 69, §2 (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 capacityCite This Page — Counsel Stack
Bluebook (online)
Maine § 9-B §331, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/9-B%20%C2%A7331.