Maine Revised Statutes Title 9-B Sec. 914 – Insurance of certificates of investment
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Terms Used In Maine Revised Statutes Title 9-B Sec. 914
- deposits: includes credit union share accounts. See Maine Revised Statutes Title 9-B Sec. 131
- Industrial bank: means a company organized under chapter 91 or having the powers possessed by companies so organized. See Maine Revised Statutes Title 9-B Sec. 131
Every industrial bank shall comply with the requirements of section 422, relating to insurance of deposits, and shall be deemed a “financial institution” for purposes of that section. [PL 1975, c. 500, §1 (NEW).]
SECTION HISTORY
PL 1975, c. 500, §1 (NEW).