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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 123: UNINSURED BANKS
9-B §1234. Cash reserves on deposits and accounts
Universal Citation:
9-B ME Rev Stat § 1234 (2011 through 125th Legis)
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Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
§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. [1997, c. 398, Pt. J, §2 (NEW).]
SECTION HISTORY
1997, c. 398, §J2 (NEW).
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