§1023. Application of general corporation law; articles of incorporation
1. Subject to Title 13-C. Except as otherwise provided in this chapter, such a mutual trust investment company must be incorporated under and is subject to Title 13‑C.
[RR 2001, c. 2, Pt. B, §19 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]
2. Incorporators. The incorporators subscribing to and acknowledging the articles of incorporation shall consist of 5 or more persons who are officers or directors of the banks and trust companies causing such mutual trust investment company to be incorporated.
[PL 1975, c. 500, §1 (NEW).]
SECTION HISTORY
PL 1975, c. 500, §1 (NEW). RR 2001, c. 2, §B19 (COR). RR 2001, c. 2, §B58 (AFF).
Structure Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Part 10: OTHER FINANCIAL ENTITIES
Chapter 102: MUTUAL TRUST INVESTMENT COMPANIES
9-B §1022. Authority to incorporate
9-B §1023. Application of general corporation law; articles of incorporation
9-B §1024. Corporate powers; stock ownership
9-B §1025. Purchase of stock by fiduciaries; authority and restrictions