9-B §347. Effect of conversion or amendment; nonconforming activities

Title 9-B: FINANCIAL INSTITUTIONS

Part 3: ORGANIZATION AND STRUCTURE OF FINANCIAL INSTITUTIONS

Chapter 34: CHANGES IN CHARTER AND OWNERSHIP FORM

§347. Effect of conversion or amendment; nonconforming activities

The financial institution resulting from any action taken pursuant to the authority granted in this chapter is subject to the provisions of sections 357 and 358 and shall comply with the requirements of these sections and rules adopted under these sections. [1997, c. 398, Pt. F, §9 (AMD).]

SECTION HISTORY

1975, c. 500, §1 (NEW). 1997, c. 398, §F9 (AMD).