Maine Revised Statutes Title 9-B. Financial Institutions § 1231. General authority and purpose
Current as of January 01, 2022 | Updated by FindLaw Staff
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A financial institution that does not accept retail deposits and for which insurance of deposits by the FDIC is not required may be organized pursuant to chapter 31. Unless otherwise indicated in this chapter, an uninsured bank has all the powers, rights, duties and obligations as a financial institution under this Title. An uninsured bank is not a nondepository trust company or a merchant bank.
Cite this article: FindLaw.com - Maine Revised Statutes Title 9-B. Financial Institutions § 1231. General authority and purpose - last updated January 01, 2022 | https://codes.findlaw.com/me/title-9-b-financial-institutions/me-rev-st-tit-9-b-sect-1231.html
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