Maine Revised Statutes Title 9-B Sec. 244 – Exemption
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Terms Used In Maine Revised Statutes Title 9-B Sec. 244
- Credit union: means a cooperative, nonprofit corporation organized pursuant to Part 8, or under corresponding provisions of any earlier law, and subject to the conditions and limitations as shall be set forth in Part 8. See Maine Revised Statutes Title 9-B Sec. 131
- Financial institution: means a universal bank or limited purpose bank organized under the provisions of this Title, and a trust company, nondepository trust company, savings bank, industrial bank or savings and loan association organized under the prior laws of this State. See Maine Revised Statutes Title 9-B Sec. 131
A financial institution authorized to do business in this State or credit union authorized to do business in this State subject to the provisions of this chapter is exempt from the provisions of Title 5, chapter 10. [PL 2003, c. 322, §13 (AMD).]
SECTION HISTORY
PL 1975, c. 500, §1 (NEW). PL 2003, c. 322, §13 (AMD).