9-B §1213. Capital
Title 9-B: FINANCIAL INSTITUTIONS
Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS HEADING: PL 1997, C. 398, PT. J, §2 (NEW)
Chapter 121: NONDEPOSITORY TRUST COMPANIES HEADING: PL 1997, C. 398, PT. J, §2 (NEW)
§1213. Capital
A nondepository trust company must have initial paid-in capital in accordance with chapter 31 and shall maintain capital in accordance with section 412-A and any rules adopted under section 412-A, except the superintendent may establish different capital maintenance requirements for nondepository trust companies than those required for other financial institutions organized under this Title. [1999, c. 539, §1 (AMD).]
SECTION HISTORY
1997, c. 398, §J2 (NEW). 1999, c. 539, §1 (AMD).