§347. Effect of conversion or amendment; nonconforming activities
The financial institution resulting from any action taken pursuant to the authority granted in this chapter is subject to the provisions of sections 357 and 358 and shall comply with the requirements of these sections and rules adopted under these sections. [PL 1997, c. 398, Pt. F, §9 (AMD).]
SECTION HISTORY
PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §F9 (AMD).
Structure Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Part 3: ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS
Chapter 34: CHANGES IN CHARTER AND OWNERSHIP FORM
9-B §341. Applicability of chapter; fees
9-B §342. Conversion to new charter: federal to State; State to federal; out of state to State
9-B §342-A. Authority for expedited conversion to new charter; federal to state
9-B §343. Conversion of institutional charter
9-B §344. Conversion: mutual ownership change
9-B §345. Conversion; investor to mutual ownership
9-B §345-A. Authority for expedited charter conversions
9-B §345-B. Conversion; investor to investor ownership
9-B §346. Change of institutional name
9-B §347. Effect of conversion or amendment; nonconforming activities