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§ 1234 — 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. § 1234
Maine Legal Code

§ 1234

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§1234. Cash reserves on deposits and accounts An uninsured bank shall maintain reserves in accordance with section 422-A. The superintendent may establish by rule or order additional reserve requirements for uninsured banks. [PL 1997, c. 398, Pt. J, §2 (NEW).]SECTION HISTORY PL 1997, c. 398, §J2 (NEW).