Maine Statutes

§ 9-B §369 — Judicial review

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 3 ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS·Ch. 36 CONSERVATION, LIQUIDATION AND INSOLVENCY
1.Action by financial institution. A financial institution closed by action of the superintendent pursuant to this chapter may bring an action challenging the superintendent's appointment of a receiver in the Superior Court of Kennebec County within 10 days after the superintendent appoints a receiver.
2.Action by person adversely affected. Except when the Federal Deposit Insurance Corporation is appointed receiver and conducts a receivership under federal law, a person affected adversely by an act or omission of the superintendent or receiver under this section and sections 365, 367‑A and 368 may bring an action in the Superior Court of Kennebec County seeking an order to annul, alter or modify the act or to enjoin the performance of the act or to require that action be taken under any

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Legislative History

PL 1991, c. 34, §8 (NEW). PL 2009, c. 228, §7 (RPR). PL 2011, c. 559, Pt. A, §8 (AMD).

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