9-B §252. Decision-making
§252. Decision-making Decision-making of the bureau shall conform to the requirements of this section. [PL 1975, c. 500, §1 (NEW).] 1. Definition. “Decision-making” is that process by which the superintendent determines whether an application for a charter, branch, merger, acquisition, conversion, subsidiary formation or other similar request submitted to the bureau should be approved […]
9-B §253. Criteria for decision-making
§253. Criteria for decision-making The superintendent shall take into account, but is not limited to, the criteria set forth in this section in considering applications filed pursuant to section 252. [PL 1997, c. 398, Pt. K, §6 (AMD).] 1. Public convenience and advantage. A. The superintendent shall not approve an application unless he […]
9-B §254. Hearings by superintendent (REPEALED)
§254. Hearings by superintendent (REPEALED) SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §13 (AMD). PL 1977, c. 694, §163 (RP).
9-B §255. Hearings on petition of 25 persons
§255. Hearings on petition of 25 persons 1. Alleged noncompliance with this Title. A group of 25 or more persons may join together and petition the superintendent as an interested party to hold a hearing if such group submits to the superintendent a written petition asserting they have reason to believe that a financial institution […]
9-B §256. Judicial review of superintendent’s action
§256. Judicial review of superintendent’s action Any person or organization affected adversely by a rule, regulation, amendment, order or decision on an application promulgated by the superintendent, or affected adversely by the denial of a request for a hearing, may appeal from that action. Judicial review of any final action of the superintendent shall be […]
9-B §224. Records to be kept by supervised institutions
§224. Records to be kept by supervised institutions 1. Records for superintendent. A financial institution authorized to do business in this State shall keep those books, accounts and records relating to all transactions that enable the superintendent to ensure full compliance with the laws of this State. [PL 1995, c. 628, §13 (AMD).] 2. […]
9-B §251. Rule-making
§251. Rule-making Promulgation of rules of the bureau, and amendments thereto, shall conform to the requirements of the Maine Administrative Procedure Act, Title 5, chapter 375, subchapter II. [PL 1983, c. 182 (AMD).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §§7-A,8,9 (AMD). PL 1977, c. 694, §158 (RPR). PL […]
9-B §225. Retention of financial institution records
§225. Retention of financial institution records 1. Superintendent’s authority. All records of financial institutions authorized to do business in this State and of credit unions authorized to do business in this State, insofar as this section does not contravene paramount federal law, must be retained for such minimum periods as the superintendent may prescribe. […]
9-B §226. Confidentiality
§226. Confidentiality 1. Requirement. Except as provided in subsections 2 and 3, the following information derived by or communicated to the superintendent or to any employee of the bureau is confidential and may not be disclosed or made public: A. Information designated confidential under federal law or regulations; [PL 2007, c. 597, §11 […]
9-B §226-A. Cooperative agreements
§226-A. Cooperative agreements The superintendent may enter into cooperative agreements with other state, federal or foreign regulatory agencies to facilitate the regulatory functions of the bureau, including, but not limited to, information sharing, coordination of examinations and joint examinations. [PL 1999, c. 184, §8 (AMD).] SECTION HISTORY PL 1995, c. 628, §15 (NEW). PL […]