Maine Statutes
§ 9-B §441-A — General powers
Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 4 POWERS AND DUTIES OF FINANCIAL INSTITUTIONS·Ch. 44 SERVICES AND INCIDENTAL ACTIVITIES
Unless otherwise prohibited or limited by this Title or rules adopted by the superintendent, a financial institution has and may exercise all powers necessary or convenient to effect the purposes for which the financial institution is organized or to further the businesses in which the financial institution is lawfully engaged.
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Maine § 9-B §441-A (General powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1997, c. 398, §I28 (NEW).
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