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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 91: INDUSTRIAL BANKS
9-B §912. Capital and management
Universal Citation:
9-B ME Rev Stat § 912 (2011 through 125th Legis)
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Part 9: INDUSTRIAL BANKS
§912. Capital and management
1. Stock: classes; par value. The capital stock of an industrial bank shall have a par value $100 for each share, and only one class of such stock shall be created.
[ 1975, c. 500, §1 (NEW) .]
2. Management. Except as otherwise provided in this chapter, the management and operations of an industrial bank must be conducted in accordance with the provisions of Title 13-C.
[ RR 2001, c. 2, Pt. B, §17 (COR); RR 2001, c. 2, Pt. B, §58 (AFF) .]
SECTION HISTORY
1975, c. 500, §1 (NEW). RR 2001, c. 2, §B17 (COR). RR 2001, c. 2, §B58 (AFF).
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