2010 Maine Code
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 121: NONDEPOSITORY TRUST COMPANIES
9-B §1211. General purpose and authority
Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
§1211. General purpose and authority
A nondepository trust company is a financial institution organized under the provisions of this Title whose activities are generally limited to trust or fiduciary matters. Unless otherwise indicated in this chapter or to the extent inconsistent with this chapter or with the general purpose of a nondepository trust company, a nondepository trust company has all the powers, duties and obligations of a financial institution under this Title. [1997, c. 398, Pt. J, §2 (NEW).]
SECTION HISTORY
1997, c. 398, §J2 (NEW).
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
