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2011 Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 47: TRUST ACTIVITIES OF FINANCIAL INSTITUTIONS
9-B §474. Bond


9-B ME Rev Stat § 474 (2011 through 125th Legis) What's This?

Part 4: POWERS AND DUTIES OF FINANCIAL INSTITUTIONS

§474. Bond

A surety is not necessary on the bond of the financial institution in its capacity as trustee, executor, administrator, conservator, guardian, assignee or receiver, or in any other capacity, unless the court or officer approving the bond requires it. [1997, c. 398, Pt. I, §41 (NEW).]

SECTION HISTORY

1997, c. 398, §I41 (NEW).

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