Maine Revised Statutes

§875. Conversion: change in type of state charter

A credit union subject to the laws of this State may convert its charter to do business as a credit union into a charter to do business as a financial institution organized under chapter 32 if any plan of conversion authorized by this section is adopted and approved in accordance with the requirements of section 343. [1997, c. 398, Pt. K, §8 (AMD).]

SECTION HISTORY
1975, c. 500, §1 (NEW). 1997, c. 398, §K8 (AMD).