Each out-of-state financial institution that plans to operate
one or more branches in this State must notify the Superintendent of its
intention to do so and pay a filing fee in accordance with Title 9-B M.R.S.A.
Chapter 37. Thereafter each out-of-state financial institution operating one or
more branches in this State shall file an annual notice, in the form and
containing such information as required by the Superintendent, and remit a fee
in accordance with the following:
1.
The branch assessment fee shall equal $300 per branch being operated in this
State, for all or any portion of, the preceding calendar year; for purposes of
this assessment, a satellite facility is not considered to be a
branch.
2. The annual notice shall
be filed on or before January 31st of each year; and the branch assessment fee
shall be due and payable on that date unless deferred by the Superintendent.
Any deferred assessment on an interstate branch that is sold or closed during a
calendar year shall be due and payable upon the sale or closing of such
branch.
