Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
029 - BUREAU OF FINANCIAL INSTITUTIONS
Chapter 109 - ADVERTISING BY FINANCIAL INSTITUTIONS, FINANCIAL INSTITUTION HOLDING COMPANIES AND SUBSIDIARIES OR SERVICE CORPORATIONS (Reg. 9)
Section 029-109-II - Purpose
Universal Citation: 02 ME Code Rules ยง 029-109-II
Current through 2024-38, September 18, 2024
The purpose of this rulemaking is to repeal and replace Bureau of Financial Institution Regulation #9 (Chapter 109). This rule sets forth guidelines for advertising of deposit accounts by financial institutions, subsidiaries of financial institutions, financial institution holding companies, subsidiaries of financial institution holding companies and representatives of financial institutions or financial institution holding companies, to provide guidance on advertising that is considered to be false, misleading or deceptive.
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