02-029-107 Me. Code R. § 1
Current through 2024-51, December 18, 2024
Title 9-B M.R.S.A. Section1014 authorizes the Superintendent to promulgate regulations specifying which closely related activities, permissible under either the Bank Holding Company Act of 1956 or Section 408 of the National Housing Act, shall be permissible for Maine financial institution holding companies. In 1987, Section 1014 was broadened by P.L. 1987, c. 90, by providing that the rules may authorize activities "which are no more restrictive" than those permitted by federal law and regulation.
02-029 C.M.R. ch. 107, § 1