Rules

9-B M.R.S. § 1055, under MUTUAL HOLDING COMPANY.

9-B M.R.S. § 1055

The superintendent shall adopt such rules as necessary to effectuate the purposes of this chapter and to ensure that the reorganization of a mutual financial institution is conducted in a fair and equitable manner to ensure the safety and soundness of the subsidiary universal bank and the protection of the subsidiary universal bank's net worth.