Conversion: change in type of state charter

9-B M.R.S. § 875, under DISSOLUTION, MERGERS AND CONVERSIONS.

9-B M.R.S. § 875

A credit union subject to the laws of this State may convert its charter to do business as a credit union into a charter to do business as a financial institution organized under chapter 32 if any plan of conversion authorized by this section is adopted and approved in accordance with the requirements of section 343.