02-029-141 Me. Code R. § IV

Current through 2024-46, November 13, 2024
Section 029-141-IV - GENERAL PROVISIONS
A. Beginning with the assessment for the calendar quarter ending March 31, 2022 and quarterly thereafter, each nondepository trust company, uninsured bank, and merchant bank shall pay an assessment to the Bureau of Financial Institutions as follows:
1. Each nondepository trust company shall pay an assessment which shall be the greater of (a) $1,000 or (b) 2.25¢ for every $10,000 of the assets subject to assessment.
2. Each uninsured bank and merchant bank that predominately engages in the business of a nondepository trust company shall pay an assessment which shall be the greater of (a) $1,000 or (b) 2.25¢ for every $10,000 of the assets subject to assessment.
3. Each uninsured bank and merchant bank that is not predominately engaged in the business of a nondepository trust company shall pay an assessment calculated in accordance with Title 9-B M.R.S. §214(2)(A) and any rules promulgated thereunder.
B. Each nondepository trust company, uninsured bank, and merchant bank shall file, in the manner required by the Bureau of Financial Institutions, a report that fully provides information in support of any assessment being paid.

02-029 C.M.R. ch. 141, § IV