{"data":{"id":"us-me/9-b-m.r.s.-421-a","jurisdiction":"us-me","citation":"9-B M.R.S. §421-A","heading":"General deposit powers","body":"Unless otherwise prohibited by state law, a financial institution may establish the types and terms, including the minimum and maximum amounts that it may accept and the frequency and computation method of paying interest, of deposits that it solicits and accepts.  A financial institution may refuse deposits at its pleasure and a financial institution may pledge or hypothecate any of its assets as security for deposits.","path":["TITLE 9-B: FINANCIAL INSTITUTIONS","PART 4: POWERS AND DUTIES OF FINANCIAL INSTITUTIONS","CHAPTER 42: DEPOSITS IN GENERAL"],"source_url":"https://legislature.maine.gov/statutes/9-B/title9-Bsec421-A.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"bf475cb3c760f9423122b44d6dba4b2ff61a108fbabd91a32a9d2154077d0ecc","source_id":"us-me","stale":false,"prev":"us-me/9-b-m.r.s.-421","next":"us-me/9-b-m.r.s.-422"},"notice":"GroundRules: Original legal text. Not legal advice."}