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66 chapters · 278 sections in this title.
9-B M.R.S. § 231 Cease and desist orders
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1. Authority. The superintendent has the following authority over financial institutions, out-of-state financial institutions, financial institution holding companies and subsidiaries thereof. A. The superintendent may issue and serve an order upon an institution or company requi…
9-B M.R.S. § 232 Removal or prohibition of officer or director
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The superintendent may remove any officer or director of a financial institution organized pursuant to this Title or any officer of a branch of an out-of-state financial institution authorized to do business in this State or any officer or director of a financial institution hold…
9-B M.R.S. § 233 Enforcement by Superior Court
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Orders issued by the superintendent pursuant to sections 231 and 232 shall be enforced by the Superior Court, subject to the following conditions and limitations: [PL 1975, c. 500, §1 (NEW).] 1. Appeal of order. Any person aggrieved and directly affected by an order of the superi…
9-B M.R.S. § 234 Notice to Federal authorities
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1. Requirement. In connection with any proceeding under section 231 or 232 involving a financial institution under the concurrent supervision of a federal agency and the bureau, the superintendent shall provide the appropriate federal agency with notice of any such proceeding and…