9-B §1236. Deposits
Title 9-B: FINANCIAL INSTITUTIONS
Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS HEADING: PL 1997, C. 398, PT. J, §2 (NEW)
Chapter 123: UNINSURED BANKS HEADING: PL 1997, C. 398, PT. J, §2 (NEW)
§1236. Deposits
An uninsured bank may not engage in retail deposit activities. The superintendent shall define deposit activities that do not constitute retail deposit activities by rule, taking account of the size or nature of depositors and deposit accounts. [1997, c. 398, Pt. J, §2 (NEW).]
SECTION HISTORY
1997, c. 398, §J2 (NEW).