Sec. 8. 9-B MRSA §214, sub-§2-C, as enacted by PL 2001, c. 211, §4, is amended to read:

2-C. Assessment on uninsured bank or merchant bank. If an uninsured bank or merchant bank predominately engages in the business of a nondepository trust company, then the uninsured bank or merchant bank shall pay an annual assessment as prescribed in subsection 2-B. Otherwise, an uninsured bank or merchant bank shall pay an annual assessment as prescribed in subsection 2.

Sec. 9. 9-B MRSA §214, sub-§4, as enacted by PL 1975, c. 500, §1, is amended to read:

4. Penalty. Any financial institution which shall fail that fails to make such the payments required under this section within the time specified shall be is subject to a penalty of not more than $100 $500 per day for each day it is in violation of this section, which penalty, together with the amount due under foregoing the provisions of this section, may be recovered in a civil action in the name of the State.

Sec. 10. 9-B MRSA §225, sub-§1, as enacted by PL 1975, c. 500, §1, is amended to read:

1. Superintendent's authority. All records of financial institutions authorized to do business in this State and of federally-chartered financial institutions credit unions authorized to do business in this State, insofar as this section does not contravene paramount Federal federal law, shall must be retained for such minimum periods as the superintendent may prescribe.

Sec. 11. 9-B MRSA §228, sub-§1, as enacted by PL 1975, c. 500, §1, is amended to read:

1. Requirement. If, in the opinion of the superintendent, any financial institution authorized to do business in this State or credit union authorized to do business in this State, or its the officers, corporators, directors, employees or agents have of any financial institution authorized to do business in this State or credit union authorized to do business in this State, has persistently violated any provision of this Title or regulation promulgated thereunder rule adopted under this Title, the superintendent shall forthwith report the same violation, with such any remarks as he deems the superintendent determines