Voluntary closure of Maine branch, Maine agency or Maine representative office

  1. Law
  2. Maine Revised Statutes
  3. FINANCIAL INSTITUTIONS
  4. FOREIGN BANKS
  5. FOREIGN BRANCHES, AGENCIES AND REPRESENTATIVE OFFICES
  6. Voluntary closure of Maine branch, Maine agency or Maine representative office

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§1323. Voluntary closure of Maine branch, Maine agency or Maine representative office

1.  Maine branch or Maine agency.  A foreign bank may voluntarily close a Maine branch or Maine agency in accordance with section 335, subsection 2.  

[PL 1997, c. 182, Pt. B, §3 (NEW).]

2.  Maine representative office.  A foreign bank may voluntarily close a Maine representative office upon 30 days' prior notice to the superintendent.  

[PL 1997, c. 182, Pt. B, §3 (NEW).]

SECTION HISTORY

PL 1997, c. 182, §B3 (NEW).


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