United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 9-B, § 1016: Reports and examinations, 1975

The superintendent may require certain financial institution holding companies to provide reports, and may examine the company and Maine subsidiaries if the reports are inadequate.

examinationsreportingsupervision

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01

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“The superintendent may require certain financial institution holding companies to provide reports, and may examine the company and Maine subsidiaries if the reports are inadequate.”

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    Enacted 1975 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Reports and examinations

The superintendent may require certain financial institution holding companies to provide reports, and may examine the company and Maine subsidiaries if the reports are inadequate.

Section 1016

04

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Source record from legislature.maine.gov · Enacted 1975 · Source version 1 Oct 2025

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Provision
§ 1016Reports and examinationsProvision

The superintendent may require certain financial institution holding companies to provide reports, and may examine the company and Maine subsidiaries if the reports are inadequate.

The superintendent may require any financial institution holding company that controls a Maine financial institution to furnish such reports as the superintendent considers appropriate to the proper supervision of such companies. Unless the superintendent determines otherwise, reports prepared for Federal authorities or, in the case of a foreign bank or foreign bank holding company, reports prepared for the home country regulatory authorities and translated to English may be submitted by such holding company in satisfaction of the requirements of this section. If such information and reports are inadequate in the superintendent's judgment for that purpose, the superintendent may examine such financial institution holding company and any subsidiary doing business in Maine. Section 214 applies with respect to any such examination. [PL 1997, c. 182, Pt. A, §13 (AMD).]
Section 1016Verify source

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  • 1 Oct 2025 · currentEnglish

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