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Chapter 41: GENERAL POWERS
9-B §411. Applicability of chapter - §411. Applicability of chapter The provisions of this chapter set...
9-B §412. General corporate powers - §412. General corporate powers A financial institution organized under chapter...
9-B §412-A. Capital - §412-A. Capital 1. Requirement. Every financial institution shall establish and...
9-B §413. Borrowing - §413. Borrowing A financial institution may borrow money on such...
9-B §414. Deposits in financial institutions (REPEALED) - §414. Deposits in financial institutions (REPEALED) SECTION HISTORY PL 1975,...
9-B §415. Participation in public agencies - §415. Participation in public agencies To the extent authorized by...
9-B §416. Powers of federally chartered institutions - §416. Powers of federally chartered institutions Notwithstanding any other provisions...
9-B §417. Equity interest in Maine financial institutions - §417. Equity interest in Maine financial institutions A financial institution...
9-B §418. Acting as agent - §418. Acting as agent A financial institution or a financial...
9-B §419. Investment powers - §419. Investment powers 1. Investment and equity securities. A financial...
9-B §419-A. Property ownership - §419-A. Property ownership In addition to real estate owned for...
Chapter 42: DEPOSITS IN GENERAL
9-B §421. Applicability of chapter; tax exemption - §421. Applicability of chapter; tax exemption 1. Applicability. The sections...
9-B §421-A. General deposit powers - §421-A. General deposit powers Unless otherwise prohibited by state law,...
9-B §422. Insurance of deposits or accounts - §422. Insurance of deposits or accounts 1. Requirement. A financial...
9-B §422-A. Cash reserves on deposits and accounts - §422-A. Cash reserves on deposits and accounts 1. Requirement. A...
9-B §423. Demand deposits (REPEALED) - §423. Demand deposits (REPEALED) SECTION HISTORY PL 1975, c. 500,...
9-B §424. NOW accounts (REPEALED) - §424. NOW accounts (REPEALED) SECTION HISTORY PL 1975, c. 500,...
9-B §425. Computation of dividends and interest on deposits and accounts (REPEALED) - §425. Computation of dividends and interest on deposits and accounts...
9-B §426. Savings deposits or accounts: written notice of withdrawal - §426. Savings deposits or accounts: written notice of withdrawal 1....
9-B §427. Deposit or account transactions - §427. Deposit or account transactions 1. Minor's deposits or accounts....
9-B §428. Inactive deposits or accounts - §428. Inactive deposits or accounts All moneys in unclaimed accounts...
9-B §429. Residential mortgage escrow accounts - §429. Residential mortgage escrow accounts 1. Definition. As used in...
Chapter 43: LOANS IN GENERAL
9-B §431. Applicability of chapter - §431. Applicability of chapter The sections of this chapter govern...
9-B §431-A. Loan powers - §431-A. Loan powers 1. General loan authority. Unless otherwise prohibited...
9-B §432. Interest on loans - §432. Interest on loans 1. Interest absent in writing. The...
9-B §433. Fair credit extension - §433. Fair credit extension Every financial institution authorized to do...
9-B §434. Loan participations and purchases (REPEALED) - §434. Loan participations and purchases (REPEALED) SECTION HISTORY PL 1975,...
9-B §435. Minority of borrower - §435. Minority of borrower 1. Limitation on disability. The disability...
9-B §436. Open-end mortgages - §436. Open-end mortgages 1. Authorization; requirements. Any interest in real...
9-B §437. Repayment of noncommercial and consumer loans (REPEALED) - §437. Repayment of noncommercial and consumer loans (REPEALED) SECTION HISTORY...
9-B §438. Federal funds loans or sales (REPEALED) - §438. Federal funds loans or sales (REPEALED) SECTION HISTORY PL...
9-B §439. Attorneys (REPEALED) - §439. Attorneys (REPEALED) SECTION HISTORY PL 1979, c. 531 (NEW)....
9-B §439-A. Lending limits - §439-A. Lending limits 1. Definitions. As used in this section,...
Chapter 44: SERVICES AND INCIDENTAL ACTIVITIES
9-B §441. Applicability of chapter - §441. Applicability of chapter The provisions of this chapter govern...
9-B §441-A. General powers - §441-A. General powers Unless otherwise prohibited or limited by this...
9-B §442. Trustee, self-employment retirement plans - §442. Trustee, self-employment retirement plans 1. Authorization; limitation. Financial institutions...
9-B §443. Services for customers - §443. Services for customers In addition to all customer services...
9-B §444. Credit cards (REPEALED) - §444. Credit cards (REPEALED) SECTION HISTORY PL 1975, c. 500,...
9-B §445. Service corporations - §445. Service corporations 1. Authorization. A financial institution may establish,...
9-B §446. Closely-related activities (REPEALED) - §446. Closely-related activities (REPEALED) SECTION HISTORY PL 1975, c. 500,...
9-B §446-A. Closely related activities - §446-A. Closely related activities A financial institution authorized to do...
9-B §447. Real estate appraisals; copies - §447. Real estate appraisals; copies A financial institution that imposes...
9-B §448. Insurance agency activities - §448. Insurance agency activities 1. Authorization. A financial institution authorized...
Chapter 45: RECORDS AND REPORTS
9-B §451. Applicability of chapter - §451. Applicability of chapter The provisions of this chapter apply...
9-B §452. Maintenance of records; accounting and assets - §452. Maintenance of records; accounting and assets 1. Safekeeping of...
9-B §453. Annual audits - §453. Annual audits 1. Selection of auditor. The governing body...
9-B §454. Destruction of deposit records - §454. Destruction of deposit records Any statement of account rendered...
Chapter 46: PROHIBITIONS
9-B §461. Applicability of chapter - §461. Applicability of chapter The provisions of this chapter setting...
9-B §462. Interlocks of directors, corporators and officers - §462. Interlocks of directors, corporators and officers 1. Prohibited interlocks....
9-B §463. Stock in Maine financial institutions (REPEALED) - §463. Stock in Maine financial institutions (REPEALED) SECTION HISTORY PL...
9-B §464. Loans on shares of stock - §464. Loans on shares of stock 1. Prohibition. A financial...
9-B §465. Loans to directors, corporators or officers (REPEALED) - §465. Loans to directors, corporators or officers (REPEALED) SECTION HISTORY...
9-B §465-A. Loans to stockholders, directors or officers - §465-A. Loans to stockholders, directors or officers 1. Authorization. A...
9-B §466. Unlawful acts - §466. Unlawful acts The acts set forth in this section...
9-B §467. Outside business interests - §467. Outside business interests 1. Acting as broker-dealer prohibited. [PL...
9-B §468. Restrictions on transactions with affiliates - §468. Restrictions on transactions with affiliates 1. Definitions. As used...
9-B §469. Fundamental change in asset composition - §469. Fundamental change in asset composition 1. Requirement of prior...
Chapter 47: TRUST ACTIVITIES OF FINANCIAL INSTITUTIONS
9-B §471. General - §471. General A financial institution may act as trustee, executor,...
9-B §472. Notice - §472. Notice A financial institution shall provide the superintendent 60...
9-B §473. Trust assets - §473. Trust assets 1. Separation of trust assets. Except as...
9-B §474. Bond - §474. Bond A surety is not necessary on the bond...
9-B §475. Rulemaking - §475. Rulemaking The superintendent may adopt rules governing the trust...
9-B §476. Transfer of fiduciary relationships to and from affiliated financial institutions - §476. Transfer of fiduciary relationships to and from affiliated financial...