Maine Statutes
§ 9-B §911 — Definition
"Industrial bank" means a corporation organized under Title 9, Part 5 as repealed on October 1, 1975 and which was, on or before June 1, 1967, making loans and selling certificates of investment, either of fixed or uncertain term, and receiving payments in installments or otherwise, with or without an allowance of interest upon these installments.
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Legislative History
PL 1975, c. 500, §1 (NEW). RR 1997, c. 2, §38 (COR).
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