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2012 Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Chapter 87: DISSOLUTION, MERGERS AND CONVERSIONS
9-B §875. Conversion: change in type of state charter


9-B ME Rev Stat § 875 (2012 through 125th Legis) What's This?

Part 8: CREDIT UNIONS

§875. Conversion: change in type of state charter

A credit union subject to the laws of this State may convert its charter to do business as a credit union into a charter to do business as a financial institution organized under chapter 32 if any plan of conversion authorized by this section is adopted and approved in accordance with the requirements of section 343. [1997, c. 398, Pt. K, §8 (AMD).]

SECTION HISTORY

1975, c. 500, §1 (NEW). 1997, c. 398, §K8 (AMD).

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