Maine Statutes

§ 9-B §346 — Change of institutional name

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 3 ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS·Ch. 34 CHANGES IN CHARTER AND OWNERSHIP FORM
1.Authorization; prohibitions. Any financial institution may change its corporate name to another name if the name selected is not the same or deceptively similar to the name of any other financial institution authorized to do business in this State.
2.Requirements. A change in the name of a financial institution requires compliance with the following requirements:
3.Effective date. The name change shall become effective from the time of filing with the Secretary of State, or upon a date subsequent thereto if such date is fixed in the certificate, and shall become the corporate title of the institution thereafter.
4.Continuing entity. The adoption of a new name shall not affect the validity of any acts, transactions or documents wherein the former name was used. All deeds, mortgages, c

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Legislative History

PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §F8 (AMD).

Nearby Sections

15
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