{"data":{"id":"us-me/9-b-m.r.s.-1324","jurisdiction":"us-me","citation":"9-B M.R.S. §1324","heading":"Conversions","body":"1.  Authority.  A foreign bank may convert a Maine representative office to a Maine agency or Maine branch, or convert a Maine agency to a Maine representative office or a Maine branch, or convert a Maine branch to a Maine agency or Maine representative office with the prior approval of the superintendent.  A foreign bank may also convert a federal branch or agency to a Maine branch or Maine agency.\n2.  Applications.  Applications for prior approval of conversions must be processed in accordance with sections 252 and 253 or section 1315 as appropriate.","path":["TITLE 9-B: FINANCIAL INSTITUTIONS","PART 13: FOREIGN BANKS","CHAPTER 131: FOREIGN BRANCHES, AGENCIES AND REPRESENTATIVE OFFICES"],"source_url":"https://legislature.maine.gov/statutes/9-B/title9-Bsec1324.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"0c6642a3e0c473b4e77e4b0af79e210e5b295d9976cd5cc716d3f6b77314aafd","source_id":"us-me","stale":false,"prev":"us-me/9-b-m.r.s.-1323","next":"us-me/9-b-m.r.s.-1325"},"notice":"GroundRules: Original legal text. Not legal advice."}