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Maine · Through October 1, 2025

9-B M.R.S. §417: Equity interest in Maine financial institutions

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Where this section sits in the code
  1. TITLE 9-B: FINANCIAL INSTITUTIONS
  2. PART 4: POWERS AND DUTIES OF FINANCIAL INSTITUTIONS
  3. CHAPTER 41: GENERAL POWERS

A financial institution authorized to do business in this State may acquire more than 5% of the equity interest of any other financial institution authorized to do business in this State or of a Maine financial institution holding company with the prior approval of the superintendent.

Collected 2026-09-04T15:12:24Z. Source file · JSON

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