{"data":{"id":"us-me/9-b-m.r.s.-1226","jurisdiction":"us-me","citation":"9-B M.R.S. §1226","heading":"Holding companies of merchant banks","body":"If the holding company is not deemed to be a financial institution holding company under chapter 101 by virtue of controlling financial institutions other than a merchant bank or a nondepository trust company, a holding company of a merchant bank is not subject to the provisions of chapter 101, except for section 1013, subsection 1 and the application requirements of section 1015 relevant to section 1013, subsection 1.\nIf the holding company is not deemed to be a financial institution holding company under chapter 101 by virtue of controlling financial institutions other than a merchant bank, the superintendent may examine the holding company, including its subsidiaries and affiliates, to the extent necessary to determine the soundness and viability of the merchant bank.","path":["TITLE 9-B: FINANCIAL INSTITUTIONS","PART 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS","CHAPTER 122: MERCHANT BANKS"],"source_url":"https://legislature.maine.gov/statutes/9-B/title9-Bsec1226.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"0bf1dc4e7c01685ebb0dc6bfa712b4e91b75eb0511ad776cc96338ca0b1526c2","source_id":"us-me","stale":false,"prev":"us-me/9-b-m.r.s.-1225","next":"us-me/9-b-m.r.s.-1227"},"notice":"GroundRules: Original legal text. Not legal advice."}