Section 1327 - Interstate operations of Maine foreign banks1.Establishment. A Maine foreign bank may establish and operate a branch in another state in accordance with section 1312. The establishment of that branch may be de novo or through merger, acquisition or other consolidation. [1997, c. 182, Pt. B, §3(NEW).]
2.Activities. A Maine foreign bank may conduct any activity at that branch that is permissible for a foreign bank in that host state, as defined in section 131, subsection 20-B. [1997, c. 182, Pt. B, §3(NEW).]
1997, c. 182, §B3 (NEW) .