9-B §1023. Application of general corporation law; articles of incorporation
Title 9-B: FINANCIAL INSTITUTIONS
Part 10: OTHER FINANCIAL ENTITIES
Chapter 102: MUTUAL TRUST INVESTMENT COMPANIES
§1023. Application of general corporation law; articles of incorporation
1. Subject to Title 13-C. Except as otherwise provided in this chapter, such a mutual trust investment company must be incorporated under and is subject to Title 13-C.
[ RR 2001, c. 2, Pt. B, §19 (COR); RR 2001, c. 2, Pt. B, §58 (AFF) .]
2. Incorporators. The incorporators subscribing to and acknowledging the articles of incorporation shall consist of 5 or more persons who are officers or directors of the banks and trust companies causing such mutual trust investment company to be incorporated.
[ 1975, c. 500, §1 (NEW) .]
SECTION HISTORY
1975, c. 500, §1 (NEW). RR 2001, c. 2, §B19 (COR). RR 2001, c. 2, §B58 (AFF).