Maine Revised Statutes
Chapter 123: UNINSURED BANKS
9-B §1236. Deposits

§1236. Deposits
An uninsured bank may not engage in retail deposit activities. The superintendent shall define deposit activities that do not constitute retail deposit activities by rule, taking account of the size or nature of depositors and deposit accounts.   [PL 1997, c. 398, Pt. J, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 398, §J2 (NEW).

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Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 9-B: FINANCIAL INSTITUTIONS

Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS

Chapter 123: UNINSURED BANKS

9-B §1231. General authority and purpose

9-B §1232. Organization of uninsured banks

9-B §1233. Capital

9-B §1233-A. Asset pledge

9-B §1234. Cash reserves on deposits and accounts

9-B §1235. Lending limits

9-B §1236. Deposits

9-B §1237. Disclosure of uninsured status

9-B §1238. Rules

9-B §1239. Holding companies of uninsured banks