Whereas, this Act corrects references to statutes that are repealed effective July 1, 2003; and

Whereas, the corrected references must take effect on July 1, 2003; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 7 MRSA §1015, first ¶, as amended by PL 1971, c. 622, §21, is further amended to read:

The applicant shall file an application on forms as prescribed and furnished by the commissioner, which forms shall must contain the full name of the person applying for such the license, and, if the applicant be is a corporation, partnership, association, exchange, or legal representative or, officer, director, partner or member thereof of a corporation, partnership, association or exchange, all such names and positions are to be stated on the application. If the applicant is a foreign corporation, it shall certify that it is registered with the Secretary of authorized to transact business in the State under former Title 13-A, chapter 12 or Title 13-C, chapter 15, and further state the principal business address of the applicant in the State of Maine or elsewhere, the address of all places of business in the State of Maine, and the name or names of the person or persons authorized to receive and accept service of lawful process upon the applicant within the State of Maine. All questions required to be answered in the application for licenses shall must be sworn to, and intentionally untruthful answers shall constitute the crime of perjury.

Sec. 2. 9-B MRSA §314-A, sub-§1, ¶A, as enacted by PL 1997, c. 398, Pt. C, §12, is repealed and the following enacted in its place:

A. The articles of incorporation must contain the following statement:

"The purpose of this corporation is to conduct the business of a financial institution as limited by the Maine Revised