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§ 1055 — Maine Law | CourtGPT
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  5. Part 10 - : Other Financial Entities/
  6. Chapter 105 - : Mutual Holding Company9-b §1051. Purpose/
  7. § 1055
Maine Legal Code

§ 1055

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§1055. Rules The superintendent shall adopt such rules as necessary to effectuate the purposes of this chapter and to ensure that the reorganization of a mutual financial institution is conducted in a fair and equitable manner to ensure the safety and soundness of the subsidiary universal bank and the protection of the subsidiary universal bank's net worth. [PL 2009, c. 228, §16 (AMD).]SECTION HISTORY PL 1985, c. 558 (NEW). PL 1993, c. 257, §9 (AMD). PL 2009, c. 228, §16 (AMD).