| An Act To Amend the Maine Banking Laws |
|
| Be it enacted by the People of the State of Maine as follows: |
|
| | Sec. 1. 9-B MRSA §131, sub-§3, as amended by PL 1997, c. 398, Pt. A, | §1, is further amended to read: |
|
| | 3. Branch. "Branch" means any office of a financial | institution, including a credit union, where the business of | banking is conducted other than the institution's main office. A | branch includes an office or vehicle that is not permanent and | that is capable of being moved or transferred from one location | to another. |
|
| | Sec. 2. 9-B MRSA §131, sub-§17, as amended by PL 1997, c. 398, Pt. A, | §8, is further amended to read: |
|
| | 17. Financial institution. "Financial institution" means a | universal bank or limited purpose bank organized under the | provisions of this Title, and a trust company, nondepository | trust company, savings bank, industrial bank or savings and loan | association organized under the prior laws of this State. As the | term "financial institution" is used in Parts 1 and 2 and in | chapter 46, it includes credit unions organized pursuant to the | laws of this State. When the term "financial institution" is | used in Parts 1 and 2 and sections 422-A, 427, 428, 429 and | chapter 46, the term also includes a credit union organized | pursuant to the laws of this State. |
|
| | Sec. 3. 9-B MRSA §131, sub-§23-A, as enacted by PL 1997, c. 398, Pt. | A, §13, is amended to read: |
|
|