Title 9-B M.R.S.A. Section111 declares that it is the policy of the state to supervise financial institutions in a manner to assure their strength, stability, and efficiency and encourage development and expansion of financial services advantageous to the public welfare.
Title 9-B M.R.S.A. Section215 gives the Superintendent the power to implement, by rule or regulation, any provision of law relating to the supervision of financial institutions.
Title 9-B M.R.S.A. Section828 gives the Superintendent the authority to allow, by regulation, a credit union to engage in any activity which has been authorized under federal law or regulation for credit unions chartered or otherwise subject to the jurisdiction of the federal government.
02-029 C.M.R. ch. 133, § I