Federal branches and agencies

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§1313. Federal branches and agencies

1.  Permissibility of federal branches and agencies.  Nothing in this Title may be construed to prohibit the operation of a federal branch or a federal agency in this State.  

[PL 1997, c. 182, Pt. B, §3 (NEW).]

2.  No concurrent maintenance of federal branches or agencies.  No foreign bank authorized to operate a Maine branch or Maine agency pursuant to section 1312 may maintain concurrently a federal branch or federal agency in this State.  

[PL 1997, c. 182, Pt. B, §3 (NEW).]

SECTION HISTORY

PL 1997, c. 182, §B3 (NEW).


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