{"data":{"id":"us-me/9-b-m.r.s.-372","jurisdiction":"us-me","citation":"9-B M.R.S. §372","heading":"Definitions","body":"As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.\n1.  De novo branch.  \"De novo branch\" means a branch of a financial institution, out-of-state financial institution, federal association or national bank, that is originally established by the financial institution as a branch and does not become a branch of that financial institution as a result of the acquisition by the financial institution of a financial institution or the acquisition of a branch of a financial institution or through the conversion, merger or consolidation with that institution or branch.\n2.  Interstate branch acquisition.  \"Interstate branch acquisition\" means the purchase of one or more branches of a financial institution, out-of-state financial institution, federal association or national bank whose home state is different from the home state of the acquiring financial institution, out-of-state financial institution, federal association or national bank and the transfer of any branches so acquired into branches of the acquiring financial institution, out-of-state financial institution, federal association or national bank.\n3.  Interstate combination.  \"Interstate combination\" means the merger, acquisition or consolidation of financial institutions, out-of-state financial institutions, federal associations or national banks, that have different home states when the branches of the acquired financial institution, out-of-state financial institution, federal association, or national bank become branches of the resulting financial institution, out-of-state financial institution, federal association or national bank.","path":["TITLE 9-B: FINANCIAL INSTITUTIONS","PART 3: ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS","CHAPTER 37: INTERSTATE BRANCHING, MERGERS, CONSOLIDATIONS AND ACQUISITIONS"],"source_url":"https://legislature.maine.gov/statutes/9-B/title9-Bsec372.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"d133670ae8c667ebcdd087b3ae8b0e52cb14eddc12c5d3c5b6821d8a60cf3dfd","source_id":"us-me","stale":false,"prev":"us-me/9-b-m.r.s.-371","next":"us-me/9-b-m.r.s.-373"},"notice":"GroundRules: Original legal text. Not legal advice."}