reglab/housing_qa huggingface dataset:
9-B ME Rev Stat § 765 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 76: ADDITIONAL POWERS|9-B §765. Mutual association acting as an agent (REPEALED)

 §765. Mutual association acting as an agent (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 766 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 76: ADDITIONAL POWERS|9-B §766. Borrowing (REPEALED)

 §766. Borrowing (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 767 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 76: ADDITIONAL POWERS|9-B §767. Bond (REPEALED)

 §767. Bond (REPEALED)SECTION HISTORY PL 1983, c. 89, §4 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 768 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 76: ADDITIONAL POWERS|9-B §768. Trusts (REPEALED)

 §768. Trusts (REPEALED)SECTION HISTORY PL 1983, c. 89, §4 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 769 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 76: ADDITIONAL POWERS|9-B §769. Executor, guardian, etc. (REPEALED)

 §769. Executor, guardian, etc. (REPEALED)SECTION HISTORY PL 1983, c. 89, §4 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 771 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 77: PROHIBITIONS|9-B §771. Prohibitions in general (REPEALED)

 §771. Prohibitions in general (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 772 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 7: SAVINGS AND LOANS|Chapter 77: PROHIBITIONS|9-B §772. Business restrictions (REPEALED)

 §772. Business restrictions (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 398, §K7 (RP).
9-B ME Rev Stat § 811 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 81: ORGANIZATION AND FORMATION|9-B §811. Applicable law; powers

 §811. Applicable law; powers 1.  Organized under this Title.  Every credit union lawfully organized shall be subject to the provisions of this Part and all regulations issued hereunder.   [PL 1975, c. 500, §1 (NEW).] 2.  Chartered by special Act.  Chapters 81 through 88 shall not be construed as repealing, modifying or amending the provisions of any private or special Acts authorizing the organization of or defining the purposes of corporations of a similar nature to credit unions, except that such corporations shall be deemed to have all the powers vested in corporations organized under this Part in addition to those powers under such private or special Acts.   [PL 1975, c. 500, §1 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW).
9-B ME Rev Stat § 814 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 81: ORGANIZATION AND FORMATION|9-B §814. Membership requirements

 §814. Membership requirements 1.  Field of membership.  "Field of membership" of a credit union means those persons, including nonnatural persons, having a common bond of occupation or association; multiple groups of such persons, each group having a common bond of occupation or association within that group; residence or employment within a well-defined neighborhood, community or rural district; employment by a common employer or by employers located within a well-defined industrial park or community; membership in a bona fide fraternal, religious, cooperative, labor, rural, educational or similar organization; and members of the immediate families of such persons.   A. When determining whether a credit union's proposed field of membership meets the requirements of this section, the superintendent shall consider all relevant guidelines established by the National Credit Union Administration that address the issues of common bond, overlapping fields of membership, expansions or conversions of field of membership and the documentation required for amending a field of membership, except that the superintendent is not required to adhere to those guidelines.   [PL 2003, c. 36, §1 (AMD).]A-1. Notwithstanding any federal law or guideline established by the National Credit Union Administration, the superintendent is authorized to permit a credit union that converts its field of membership to become a community-chartered credit union to retain in its field of membership, after such conversion, one or more groups or portions of groups that were included in the credit union's field of membership prior to the conversion. The superintendent may adopt rules in accordance with section 251 to implement this section. Rules adopted pursuant to this paragraph are routine technical rules as defined in Title 5, chapter 375, subchapter 2-A.   [PL 2003, c. 36, §1 (NEW).]B. The superintendent shall provide notice to interested parties of a bylaw amendment sought by a credit union that proposes a change in field of membership.   [PL 1995, c. 101, §2 (NEW).]C. For purposes of this section, "nonnatural person" means a corporation, partnership, joint venture, trust, estate, unincorporated association, fraternal organization or voluntary association that is:   (1) Specifically listed in a credit union's bylaws as a member;   (2) With respect to a community-chartered credit union, located within the geographic limits of the credit union's field of membership; or   (3) Composed principally of individual persons within the credit union's field of membership and the credit union's field of membership includes organizations of such persons.   [PL 2001, c. 211, §16 (NEW).][PL 2003, c. 36, §§1, 2 (AMD).] 2.  Limited members.   [PL 2001, c. 211, §17 (RP).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1995, c. 101, §§1,2 (AMD). PL 1999, c. 218, §25 (AMD). PL 2001, c. 211, §§16,17 (AMD). PL 2003, c. 36, §§1,2 (AMD).
9-B ME Rev Stat § 815 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 81: ORGANIZATION AND FORMATION|9-B §815. Supervision and examination

 §815. Supervision and examination Credit unions are under the supervision of the superintendent; and Part 2 of this Title is applicable to credit unions in the same manner as that Part applies to financial institutions in general.   [PL 1995, c. 24, §5 (AMD).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §26 (AMD). PL 1995, c. 24, §5 (AMD).
9-B ME Rev Stat § 816 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 81: ORGANIZATION AND FORMATION|9-B §816. Out-of-state credit unions

 §816. Out-of-state credit unions 1.  Approval and findings of superintendent.  A credit union organized in another state may establish a branch office as a credit union in this State with the approval of the superintendent. The superintendent shall find that the out-of-state credit union:   A. Is a credit union organized under laws similar to this Part;   [PL 1983, c. 373, §1 (NEW).]B. Has received prior approval from its state of organization to establish a branch office in this State;   [PL 1983, c. 373, §1 (NEW).]C. Has adequate financial resources;   [PL 1983, c. 373, §1 (NEW).]D. Has share insurance comparable to that required for credit unions incorporated under this Part;   [PL 1983, c. 373, §1 (NEW).]E. Is effectively examined and supervised by the supervisory authority of the state in which it is organized; and   [PL 1983, c. 373, §1 (NEW).]F. Has a field of membership in Maine that would meet the requirements of section 814 if the credit union were organized under this chapter and needs to conduct business in this State to adequately serve its members in this State.   [PL 2017, c. 143, §4 (AMD).]The superintendent shall further determine that Maine credit unions are allowed to do business in the other state under conditions similar to these provisions.   [PL 2017, c. 143, §4 (AMD).] 2.  Conditions.  The out-of-state credit union shall agree to:   A. Grant loans at rates not in excess of the rates permitted for credit unions incorporated under this Part;   [PL 1983, c. 373, §1 (NEW).]B. Comply with the same consumer protection provisions that credit unions incorporated under this Part must obey;   [PL 1983, c. 373, §1 (NEW).]C. Be subject to examination by regulatory authorities in this State; and   [PL 1983, c. 373, §1 (NEW).]D. Designate and maintain an agent for the service of process in this State.   [PL 1983, c. 373, §1 (NEW).][PL 1983, c. 373, §1 (NEW).] 3.  Other actions.  The superintendent may take such reasonable steps as are necessary to insure that the supervisory authority of the state in which the credit union is organized adequately examines and otherwise regulates the credit union. The superintendent may request the other state supervising authority to disclose the findings of any such examination.   [PL 1983, c. 373, §1 (NEW).] SECTION HISTORY PL 1983, c. 373, §1 (NEW). PL 2017, c. 143, §4 (AMD).
9-B ME Rev Stat § 817 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 81: ORGANIZATION AND FORMATION|9-B §817. Community development credit unions

 §817. Community development credit unions 1.  Designation.  A credit union may apply to the superintendent in writing for designation as a community development credit union for the purposes of promoting economic revitalization and community development by providing financial services primarily to low-income individuals.   [PL 1997, c. 108, §6 (NEW).] 2.  Shares and deposit accounts of nonmembers.  A community development credit union may accept payments representing shares from nonmembers if the shares are of a type approved by the National Credit Union Administration and deposit accounts from nonmembers if the deposit accounts are of a type approved by the superintendent; however, nonmember shares and deposit accounts may not exceed the greater of $1,500,000 or 20% of total shares without the prior approval of the superintendent.   [PL 1997, c. 108, §6 (NEW).] 3.  Assistance from Community Development Credit Union Revolving Loan Fund.  Upon prior notice to the superintendent, a community development credit union may apply for and receive assistance from the Community Development Credit Union Revolving Loan Fund administered by the National Credit Union Administration. Assistance from the fund may take the form of:   A. Financial assistance through equity investments, credit union shares, loans or grants; or   [PL 1997, c. 108, §6 (NEW).]B. Technical assistance directly or through grants.   [PL 1997, c. 108, §6 (NEW).][PL 1997, c. 108, §6 (NEW).] 4.  Application of other provisions.  Except as otherwise provided in this section, a community development credit union is subject to the provisions of this Title and all rules issued under this Title that are applicable to credit unions.   [PL 1997, c. 108, §6 (NEW).] 5.  Removal of community development credit union designation.  If a majority of a community development credit union's field of membership no longer meets the definition of low-income set forth in section 131, subsection 24‑A, the community development credit union designation is removed. The superintendent shall notify a community development credit union when the community development credit union designation is removed.   [PL 1997, c. 108, §6 (NEW).] SECTION HISTORY PL 1997, c. 108, §6 (NEW).
9-B ME Rev Stat § 821 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §821. Powers in general

 §821. Powers in general In addition to all services to members and to nonmembers as provided in section 817 incidental to the powers granted credit unions elsewhere in this Title, a credit union is empowered to do the acts set forth in this chapter, subject to the conditions and limitations set forth herein.   [PL 1997, c. 108, §7 (AMD).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §27 (RPR). PL 1997, c. 108, §7 (AMD).
9-B ME Rev Stat § 822 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §822. Borrowing

 §822. Borrowing 1.  Limitation.  A credit union may borrow moneys from any source; provided that its aggregate borrowing shall not exceed 50% of its paid-in share capital and total surplus.   [PL 1975, c. 500, §1 (NEW).] 2.  Exceeding limitation.  Upon making application to and receiving the written approval of the superintendent, a credit union may borrow in excess of the limitation set forth in subsection 1, but not in excess of the amount stated in such approval.   [PL 1975, c. 500, §1 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW).
9-B ME Rev Stat § 823 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §823. Services for members

 §823. Services for members 1.  Sale of negotiable checks and money orders.  A credit union may engage directly in the business of selling, issuing or registering checks or money orders to its members.   [PL 1975, c. 550, §1 (NEW).] 2.  Safe deposit boxes.  A credit union may own and maintain safe deposit vaults, with boxes, safes and other facilities therein, for the use of its members and for the safekeeping or storage of personal property susceptible of being deposited therein, subject to the general laws and regulations applicable to safe deposit boxes.   [PL 1975, c. 500, §1 (NEW).] 3.  Safekeeping.  A credit union may receive on deposit from its members property for safekeeping.   [PL 1975, c. 500, §1 (NEW).] 4.  Financial counseling.  A credit union may render, or participate in the rendering of, financial counseling services, including budget planning, debt management and related services, to its members.   [PL 1975, c. 500, §1 (NEW).] 5.  Trustee, self-employment retirement plans.  A credit union shall have the power to act as trustee for a member under a retirement plan subject to the conditions and limitations set forth in section 442.   [PL 1985, c. 588, §3 (AMD).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1985, c. 588, §3 (AMD).
9-B ME Rev Stat § 824 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §824. Participation in electronic funds transfer system

 §824. Participation in electronic funds transfer system 1.  Authorization.  A credit union may issue cards or other devices to its members that permit the members to gain access to or participate in an established electronic funds transfer system.   [PL 2003, c. 322, §16 (AMD).] 2.  Limitations.   [PL 2003, c. 322, §16 (RP).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 2003, c. 322, §16 (AMD).
9-B ME Rev Stat § 825 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §825. Participation in public lotteries

 §825. Participation in public lotteries A credit union may participate in public lotteries authorized pursuant to the laws of this State in the manner outlined in guidelines and regulations promulgated pursuant to such laws; provided that the superintendent may promulgate additional rules and regulations governing such participation.   [PL 1975, c. 500, §1 (NEW).]SECTION HISTORY PL 1975, c. 500, §1 (NEW).
9-B ME Rev Stat § 826 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §826. Offices and satellite facilities

 §826. Offices and satellite facilities A credit union may establish, relocate, close and operate a branch or satellite facility in accordance with chapter 33, except that the limitation of section 337, subsection 2 does not apply. The limits of section 863 apply to credit union investment in real estate for office facilities. The establishment, relocation or closing of a branch or facility must meet the needs and convenience of the credit union's members.   [PL 2003, c. 322, §17 (RPR).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1975, c. 666, §28 (RPR). PL 1983, c. 373, §2 (AMD). PL 2003, c. 322, §17 (RPR).
9-B ME Rev Stat § 827 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §827. Accounts

 §827. Accounts 1.  Receipt of savings.  Except as provided in subsection 4, a credit union may receive savings of its members in payment for shares, Christmas clubs, special purpose clubs, tax clubs, deposit accounts and the like.   [PL 1997, c. 108, §8 (AMD).] 2.  Receipt of payments from government agencies and other credit unions.  A credit union may act as fiscal agent for and receive payments on shares and deposits from the Federal Government, this State or any agency or political subdivision or another federally insured credit union.   [PL 2001, c. 211, §18 (AMD).] 3.  Lien on shares.  A credit union may impress and enforce a lien on the shares and dividends of a member to the extent of any loan made to and any dues or charges payable by that member. A credit union that has been designated a community development credit union pursuant to section 817 may impress and enforce a lien on the shares and dividends of a nonmember to the extent of any loan made to and any dues or charges payable by that nonmember.   [PL 2003, c. 322, §18 (AMD).] 4.  Nonmember shares and deposit accounts.  A community development credit union designated by the superintendent as a community development credit union under section 817 may receive payments and savings from nonmembers representing shares of a type approved by the National Credit Union Administration and deposit accounts of a type approved by the superintendent.   [PL 1997, c. 108, §9 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1983, c. 51, §2 (RPR). PL 1995, c. 512, §1 (AMD). PL 1997, c. 108, §8 (AMD). PL 1997, c. 108, §9 (AMD). PL 2001, c. 211, §18 (AMD). PL 2003, c. 322, §18 (AMD).
9-B ME Rev Stat § 828 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 82: POWERS|9-B §828. Powers of federally chartered credit unions

 §828. Powers of federally chartered credit unions Notwithstanding any other provisions of law, a credit union has the power to engage in any activity that a credit union chartered by or otherwise subject to the jurisdiction of the Federal Government may be authorized to engage in by federal legislation or regulations issued pursuant to such legislation. In the event any law of this State is preempted or declared invalid pursuant to applicable federal law, by a court of competent jurisdiction or by the responsible federal chartering authority with respect to any power that may be exercised by a credit union chartered by or otherwise subject to the jurisdiction of the Federal Government, that law is invalid with respect to credit unions authorized to do business in this State. The superintendent may adopt rules to ensure that such powers are exercised in a safe and sound manner with adequate consumer protections. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter II-A.   [PL 1997, c. 207, §2 (AMD).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1997, c. 207, §2 (AMD).
9-B ME Rev Stat § 832 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 83: FINANCIAL MANAGEMENT|9-B §832. Guaranty fund (REPEALED)

 §832. Guaranty fund (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1979, c. 134, §§1,2 (AMD). PL 1979, c. 663, §54 (AMD). PL 2003, c. 322, §§20,21 (AMD). PL 2017, c. 143, §7 (RP).
9-B ME Rev Stat § 833 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 83: FINANCIAL MANAGEMENT|9-B §833. Dividends and interest

 §833. Dividends and interest 1.  Time for payment; method.   [PL 2003, c. 322, §22 (RP).] 1-A.  Time for payment of dividends; method.  At such intervals as the board of directors may authorize and after the credit union establishes and maintains adequate levels of net worth pursuant to section 831, the board of directors may declare a dividend to be paid at different rates on different types of shares, at different rates and maturity dates in the case of share certificates and at different rates on different types of share draft accounts. Dividends credited may be accrued on various types of shares, share certificates and share draft accounts as authorized by the board of directors.   [PL 2017, c. 143, §8 (AMD).] 2.  Rates on different accounts.   [PL 2003, c. 322, §24 (RP).] 3.  Maximum dividend rate.   [PL 1981, c. 501, §35 (RP).] 3-A.  Dividend rate.   [PL 2003, c. 322, §25 (RP).] 4.  Tax exemption.  Shares in a credit union organized pursuant to this Part shall be exempt from taxes; and no taxes or charges, except as otherwise provided, shall be levied against them.   [PL 1975, c. 500, §1 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 1981, c. 501, §§35,36 (AMD). PL 1997, c. 398, §L8 (AMD). PL 2003, c. 322, §§22-25 (AMD). PL 2017, c. 143, §8 (AMD).
9-B ME Rev Stat § 834 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 83: FINANCIAL MANAGEMENT|9-B §834. Fiscal year

 §834. Fiscal year The fiscal year of a credit union shall end as of the close of business on the last business day of December.   [PL 1975, c. 500, §1 (NEW).]SECTION HISTORY PL 1975, c. 500, §1 (NEW).
9-B ME Rev Stat § 835 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 83: FINANCIAL MANAGEMENT|9-B §835. Reports to superintendent (REPEALED)

 §835. Reports to superintendent (REPEALED)SECTION HISTORY PL 1975, c. 500, §1 (NEW). PL 2003, c. 322, §26 (RP).
9-B ME Rev Stat § 836 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 83: FINANCIAL MANAGEMENT|9-B §836. Insurance of shares

 §836. Insurance of shares 1.  Requirement.  Every credit union authorized to do business in this State shall insure shares with the National Credit Union Administration or the successor to such federal agency.   [PL 1997, c. 108, §12 (AMD).] 2.  Transition period.   [PL 2003, c. 322, §27 (RP).] 3.  Failure to obtain insurance.   [PL 2003, c. 322, §28 (RP).] 4.  Applicable law.  A credit union insured pursuant to subsection 1 shall have the power and duty to comply with all statutes and regulations governing insurance of shares by the National Credit Union Administration; provided that nothing contained in this section shall be construed as repealing, modifying or impairing any powers, duties, rights or responsibilities of the superintendent, or of the credit union so insured, under the provisions of this Title.   [PL 1975, c. 500, §1 (NEW).] SECTION HISTORY PL 1975, c. 500, §1 (NEW). RR 1997, c. 2, §37 (COR). PL 1997, c. 108, §12 (AMD). PL 2003, c. 322, §§27,28 (AMD).
9-B ME Rev Stat § 841 (2021)
2021 Maine Revised Statutes|TITLE 9-B: FINANCIAL INSTITUTIONS|Part 8: CREDIT UNIONS|Chapter 84: MANAGEMENT AND OPERATIONS|9-B §841. Management in general

 §841. Management in general The management and operations of a credit union must be conducted in accordance with the provisions of Title 13-C, except as provided in this chapter and elsewhere in this Part.   [RR 2001, c. 2, Pt. B, §16 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]SECTION HISTORY PL 1975, c. 500, §1 (NEW). RR 2001, c. 2, §B16 (COR). RR 2001, c. 2, §B58 (AFF).