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Current as of January 01, 2025 | Updated by Findlaw Staff
A financial institution authorized to do business in this State may acquire more than 5% of the equity interest of any other financial institution authorized to do business in this State or of a Maine financial institution holding company with the prior approval of the superintendent.
Cite this article: FindLaw.com - Maine Revised Statutes Title 9-B. Financial Institutions § 417. Equity interest in Maine financial institutions - last updated January 01, 2025 | https://codes.findlaw.com/me/title-9-b-financial-institutions/me-rev-st-tit-9-b-sect-417/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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