§1052. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1985, c. 558 (NEW).]1. Mutual financial institution. 'Mutual financial institution' means any institution as defined in section 131, subsection 27. [PL 1985, c. 558 (NEW).] 2. Mutual holding company. 'Mutual holding company' means any corporation organized pursuant to this chapter. [PL 1985, c. 558 (NEW).] 3. Subsidiary universal bank. 'Subsidiary universal bank' means any universal bank organized under the laws of this State, at least 51% of the voting stock of which is wholly owned by a mutual holding company. [PL 2009, c. 228, §10 (AMD).] SECTION HISTORY PL 1985, c. 558 (NEW). PL 1993, c. 257, §4 (AMD). PL 2009, c. 228, §10 (AMD).
Maine Legal Code