Authority to incorporate

  1. Law
  2. Maine Revised Statutes
  3. FINANCIAL INSTITUTIONS
  4. OTHER FINANCIAL ENTITIES
  5. MUTUAL TRUST INVESTMENT COMPANIES
  6. Authority to incorporate

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§1022. Authority to incorporate

Any 5 or more state banks with trust powers, trust companies and national banks with trust powers located in this State are authorized to cause a mutual trust investment company to be organized and incorporated, subject to the approval of the superintendent and subject to such regulations as he may prescribe.   [PL 1975, c. 500, §1 (NEW).]

SECTION HISTORY

PL 1975, c. 500, §1 (NEW).


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