§980-C. Location or use of collateral
The authority shall, by rulemaking pursuant to Title 5, chapter 375, subchapter II, establish for each program governed by or operated pursuant to this chapter requirements and limitations for assuring that any eligible project or collateral maintains minimum contact with the State. In the case of real estate, the authority shall require that the real estate be located within the State. The authority shall establish requirements and limitations pertaining to fishing or other vessels. [PL 1985, c. 344, §26 (NEW).]
SECTION HISTORY
PL 1985, c. 344, §26 (NEW).
Structure Maine Revised Statutes
Part 2: BUILDING AND DEVELOPMENT
Chapter 110: FINANCE AUTHORITY OF MAINE
Subchapter 1: FINANCE AUTHORITY OF MAINE ACT
10 §961. Finance Authority of Maine Act
10 §963. Definitions (REPEALED)
10 §964. Organization and responsibility
10 §967. Compensation; expenses; indemnification (REPEALED)
10 §967-A. Limitation of liability
10 §969. Powers and duties of the authority (REPEALED)
10 §969-A. Powers and duties of the authority
10 §970. Insured or guaranteed loans for industrial projects (REPEALED)
10 §970-A. Other mortgage insurance
10 §971. Actions of the members
10 §972. Chief executive officer
10 §973. Conflicts of interest
10 §975. Records confidential (REPEALED)
10 §975-A. Disclosure and confidentiality of records
10 §977. The Finance Authority of Maine; successor
10 §978. Governmental function
10 §980-A. Allocation of federal bond ceiling
10 §980-B. Maine Veterans' Small Business Loan Board (REPEALED)