§587. Loans
Savings banks, trust and banking companies and savings and loan associations may make loans under this chapter to individuals or corporations to be secured by a first mortgage of a unit together with its undivided interest in the common areas and facilities, owned under the provisions of this chapter, to the extent that each of them may make loans secured by real estate mortgages, and subject to the applicable conditions and limitations imposed by law. [PL 1965, c. 357 (NEW).]
SECTION HISTORY
PL 1965, c. 357 (NEW).
Structure Maine Revised Statutes
33 §566. Compliance with bylaws and rules and regulations
33 §567. Certain work prohibited
33 §568. Common profits and expenses
33 §569. Contents of declaration
33 §570. Contents of deeds of units
33 §572. Mortgage and liens affecting a unit at time of first conveyance
33 §574. Subsequent resubmission
33 §577. Books of receipts and expenditures; availability for examination
33 §578. Waiver of use of common elements; abandonment of unit
33 §580. Lien for common changes
33 §584. Repair and reconstruction