§244. Exemption.

Any A financial institution authorized to do business in this State or credit union authorized to do business in this State subject to the provisions of this chapter shall be is exempt from the provisions of Title 5, chapter 10.

Sec. 14. 9-B MRSA §361, as amended by PL 1997, c. 398, Pt. H, §1, is further amended to read:

§361. Applicability of chapter

The Notwithstanding any other provisions of law, the provisions of this chapter apply to and supersede any other provision of law governing conservation, liquidation and insolvency of financial institutions organized under the laws of this State.

Sec. 15. 9-B MRSA §427, sub-§14 is enacted to read:

14.__Applicability.__This section applies to financial institutions authorized to do business in this State and credit unions authorized to do business in this State.

Sec. 16. 9-B MRSA §824, as enacted by PL 1975, c. 500, §1, is amended to read:

§824. Participation in electronic funds transfer system

1. Authorization. A credit union, with the prior written approval of the superintendent, may issue to its members cards or other devices permitting such to its members that permit the members to gain access to or participate in an established electronic funds transfer system.

2. Limitations. The use of such cards or other devices pursuant to subsection 1 by the members of the credit union shall be subject to the conditions and limitations set forth in section 853 and 857.

Sec. 17. 9-B MRSA §826, as amended by PL 1983, c. 373, §2, is repealed and the following enacted in its place:

§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