™Your Policy Risk Impact Agent
66 chapters · 278 sections in this title.
9-B M.R.S. § 1011 Definitions
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As used in this chapter, unless the context indicates otherwise, the following terms have the following meanings. [PL 1977, c. 663, §57 (RPR).] 1. Financial institution holding company. "Financial institution holding company" means any company which has control over any financial…
9-B M.R.S. § 1012 Registration
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1. Requirements. A company that controls one or more Maine financial institutions shall register with the superintendent in accordance with procedures established by the superintendent. 2. Time limitation. Unless the superintendent allows an additional time, registration must be …
9-B M.R.S. § 1013 Acquisition of interests in financial institutions
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1. Superintendent's approval. The prior approval of the superintendent is required for any of the following transactions: A. Acquisition of control of a Maine financial institution or any financial institution or financial institution holding company controlling, directly or indi…
9-B M.R.S. § 1014 Closely-related activities
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1. Permissible activities. A Maine financial institution holding company may engage in any closely related activity or any other activity with the prior permission of the superintendent. 2. Termination of nonpermissible activities. A financial institution holding company that is …