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66 chapters · 278 sections in this title.
9-B M.R.S. § 861 Investments in general
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1. Applicable law. In addition to the loans a credit union is authorized to make pursuant to chapter 85, a credit union may invest its funds in accordance with the provisions of this chapter. 2. Director approval required. Investments pursuant to this chapter shall only be made w…
9-B M.R.S. § 862 Deposits, notes and bonds
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A credit union may invest in: [PL 1975, c. 500, §1 (NEW).] 1. Deposits in insured institutions. Deposits or share accounts in any financial institution or credit union, as long as deposits or shares in the financial institution or credit union are insured by the Federal Deposit I…
9-B M.R.S. § 863 Real property
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1. Authorizing. Except as provided by subsection 3, a credit union may invest in real property by the purchase of improved or unimproved real property, and in the erection or improvement of buildings on the real property together with fixtures and equipment, for the purpose of pr…
9-B M.R.S. § 864 Service corporations
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1. Authorization. A credit union may invest, individually or with other credit unions or other entities, in service corporations as defined in section 131. In addition to the activities described in the definition of "service corporation" under section 131, subsection 37, service…