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§ 1233 — Maine Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maine/
  4. Title 9-b - : Financial Institutions/
  5. Part 12 - : Specialty or Limited Purpose Financial Institutions/
  6. Chapter 123 - : Uninsured Banks9-b §1231. General Authority and Purpose/
  7. § 1233
Maine Legal Code

§ 1233

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§1233. Capital An uninsured bank must have initial paid-in capital in accordance with chapter 31 and shall maintain minimum capital in accordance with section 412-A or rules adopted under section 412-A, except that the superintendent may establish different capital maintenance requirements for uninsured banks than those required for insured financial institutions organized under this Title. [PL 1999, c. 539, §4 (AMD).]SECTION HISTORY PL 1997, c. 398, §J2 (NEW). PL 1999, c. 539, §4 (AMD).