Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
029 - BUREAU OF FINANCIAL INSTITUTIONS
Chapter 131 - ASSESSMENTS - FINANCIAL INSTITUTIONS (REG. 31)
Section 029-131-II - PURPOSE

This regulation reduces the annual assessment paid by financial institutions to the Bureau of Financial Institutions from 7[CENT] per $1,000 of total average assets to 6[CENT] per $1,000 of total average assets. Assessments paid by a limited purpose bank -- a nondepository trust company, merchant bank, or uninsured bank predominantly engaged in the business of a nondepository trust company -- are established pursuant to Bureau of Financial Institutions Regulation 41 (Chapter 141).