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§ 875 — Maine Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maine/
  4. Title 9-b - : Financial Institutions/
  5. Part 8 - : Credit Unions/
  6. Chapter 87 - : Dissolution, Mergers and Conversions9-b §871-a. Dissolution/
  7. § 875
Maine Legal Code

§ 875

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§875. Conversion: change in type of state charter A credit union subject to the laws of this State may convert its charter to do business as a credit union into a charter to do business as a financial institution organized under chapter 32 if any plan of conversion authorized by this section is adopted and approved in accordance with the requirements of section 343. [PL 1997, c. 398, Pt. K, §8 (AMD).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §K8 (AMD).