United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 9-B, § 1211: General purpose and authority, 1997

A nondepository trust company is a financial institution limited generally to trust or fiduciary matters.

fiduciary mattersfinancial institutionstrust company

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01

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“A nondepository trust company is a financial institution limited generally to trust or fiduciary matters.”

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    Enacted 1997 · 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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General purpose and authority

A nondepository trust company is a financial institution limited generally to trust or fiduciary matters.

Section 1211

04

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Source record from legislature.maine.gov · Enacted 1997 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 1211General purpose and authorityProvision

A nondepository trust company is a financial institution limited generally to trust or fiduciary matters.

A nondepository trust company is a financial institution organized under the provisions of this Title whose activities are generally limited to trust or fiduciary matters. Unless otherwise indicated in this chapter or to the extent inconsistent with this chapter or with the general purpose of a nondepository trust company, a nondepository trust company has all the powers, duties and obligations of a financial institution under this Title. [PL 1997, c. 398, Pt. J, §2 (NEW).]
Section 1211Verify source

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  • 1 Oct 2025 · currentEnglish

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