Maine Statutes

§ 9-B §419-A — Property ownership

Maine § 9-B §419-A
JurisdictionMaine
Title 9-BFINANCIAL INSTITUTIONS
Part 4POWERS AND DUTIES OF FINANCIAL INSTITUTIONS
Ch. 41GENERAL POWERS

This text of Maine § 9-B §419-A (Property ownership) 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 §419-A (2026).

Text

In addition to real estate owned for offices and facilities pursuant to chapter 33, a financial institution may acquire all property, real, personal and mixed, by mortgage foreclosure, purchase or by any other means and may hold the property for investment purposes and may improve, develop, lease, contract, convey and otherwise exercise control over the property.

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Legislative History

PL 1997, c. 398, §I10 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 9-B §419-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/9-B%20%C2%A7419-A.