Equity interest in Maine financial institutions

  1. Law
  2. Maine Revised Statutes
  3. FINANCIAL INSTITUTIONS
  4. POWERS AND DUTIES OF FINANCIAL INSTITUTIONS
  5. GENERAL POWERS
  6. Equity interest in Maine financial institutions

Checkout our iOS App for a better way to browser and research.

§417. Equity interest in Maine financial institutions

A financial institution authorized to do business in this State may acquire more than 5% of the equity interest of any other financial institution authorized to do business in this State or of a Maine financial institution holding company with the prior approval of the superintendent.   [PL 1997, c. 398, Pt. I, §9 (AMD).]

SECTION HISTORY

PL 1983, c. 55, §1 (NEW). PL 1983, c. 597, §1 (AMD). PL 1997, c. 398, §I9 (AMD).


Download our app to see the most-to-date content.