1. Interstate branches. Except as provided for in chapter 37, this Title may not be construed as permitting a financial institution to establish a branch office or facility in any state other than this State and a financial institution not authorized to do business in this State may not establish or operate a branch office or facility in this State.
A. [PL 1995, c. 628, §19 (RP).]
B. [PL 1995, c. 628, §19 (RP).]

[PL 1995, c. 628, §19 (RPR).]

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Terms Used In Maine Revised Statutes Title 9-B Sec. 339-A

  • Branch: means any office of a financial institution, including a credit union, where the business of banking is conducted other than the institution's main office. 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
2. Satellite facilities.

[PL 2001, c. 211, §10 (RP).]

SECTION HISTORY

PL 1987, c. 692, §4 (NEW). PL 1995, c. 628, §19 (RPR). PL 1997, c. 398, §E11 (AMD). PL 2001, c. 211, §10 (AMD).