Maine § 9-B §823 Services for members

Maine Statutes

§ 9-B §823 — Services for members

Maine § 9-B §823

Title 9-BFINANCIAL INSTITUTIONS

Part 8CREDIT UNIONS

Ch. 82POWERS

This text of Maine § 9-B §823 (Services for members) 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 §823 (2026).

Text

1.Sale of negotiable instruments. A credit union may engage directly in the business of selling, issuing or registering negotiable instruments to its members.

2.Safe deposit boxes. A credit union may own and maintain safe deposit vaults, with boxes, safes and other facilities therein, for the use of its members and for the safekeeping or storage of personal property susceptible of being deposited therein, subject to the general laws and regulations applicable to safe deposit boxes.

3.Safekeeping. A credit union may receive on deposit from its members property for safekeeping.

4.Financial counseling. A credit union may render, or participate in the rendering of, financial counseling services, including budget planning, debt management and related services, to its members.

5.Trustee, se

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1.
Sale of negotiable instruments.
A credit union may engage directly in the business of selling, issuing or registering negotiable instruments to its members.
2.
Safe deposit boxes.
A credit union may own and maintain safe deposit vaults, with boxes, safes and other facilities therein, for the use of its members and for the safekeeping or storage of personal property susceptible of being deposited therein, subject to the general laws and regulations applicable to safe deposit boxes.
3.
Safekeeping.
A credit union may receive on deposit from its members property for safekeeping.
4.
Financial counseling.
A credit union may render, or participate in the rendering of, financial counseling services, including budget planning, debt management and related services, to its members.
5.
Trustee, self-employment retirement plans.
A credit union shall have the power to act as trustee for a member under a retirement plan subject to the conditions and limitations set forth in section 442.