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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 121: NONDEPOSITORY TRUST COMPANIES
9-B §1213. Capital
Universal Citation:
9-B ME Rev Stat § 1213 (2011 through 125th Legis)
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Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
§1213. Capital
A nondepository trust company must have initial paid-in capital in accordance with chapter 31 and shall maintain capital in accordance with section 412-A and any rules adopted under section 412-A, except the superintendent may establish different capital maintenance requirements for nondepository trust companies than those required for other financial institutions organized under this Title. [1999, c. 539, §1 (AMD).]
SECTION HISTORY
1997, c. 398, §J2 (NEW). 1999, c. 539, §1 (AMD).
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