02-029-131 Me. Code R. § II

Current through 2024-51, December 18, 2024
Section 029-131-II - PURPOSE

This regulation reduces the annual assessment paid by financial institutions to the Bureau of Financial Institutions from 7[CENT] per $1,000 of total average assets to 6[CENT] per $1,000 of total average assets. Assessments paid by a limited purpose bank -- a nondepository trust company, merchant bank, or uninsured bank predominantly engaged in the business of a nondepository trust company -- are established pursuant to Bureau of Financial Institutions Regulation 41 (Chapter 141).

02-029 C.M.R. ch. 131, § II