§1327. Interstate operations of Maine foreign banks 1. Establishment. A Maine foreign bank may establish and operate a branch in another state in accordance with section 1312. The establishment of that branch may be de novo or through merger, acquisition or other consolidation. [PL 1997, c. 182, Pt. B, §3 (NEW).] 2. Activities. A Maine foreign bank may conduct any activity at that branch that is permissible for a foreign bank in that host state, as defined in section 131, subsection 20‑B. [PL 1997, c. 182, Pt. B, §3 (NEW).] SECTION HISTORY PL 1997, c. 182, §B3 (NEW).
Maine Legal Code