Application of general corporation law; articles of incorporation

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§1023. Application of general corporation law; articles of incorporation

1.  Subject to Title 13-C.  Except as otherwise provided in this chapter, such a mutual trust investment company must be incorporated under and is subject to Title 13-C.  

[RR 2001, c. 2, Pt. B, §19 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]

2.  Incorporators.  The incorporators subscribing to and acknowledging the articles of incorporation shall consist of 5 or more persons who are officers or directors of the banks and trust companies causing such mutual trust investment company to be incorporated.  

[PL 1975, c. 500, §1 (NEW).]

SECTION HISTORY

PL 1975, c. 500, §1 (NEW). RR 2001, c. 2, §B19 (COR). RR 2001, c. 2, §B58 (AFF).


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