Maine Statutes

§ 10 §1028 — Mortgage insurance premiums

Maine § 10 §1028
JurisdictionMaine
Title 10COMMERCE AND TRADE
Part 2BUILDING AND DEVELOPMENT
Ch. 110FINANCE AUTHORITY OF MAINE

This text of Maine § 10 §1028 (Mortgage insurance premiums) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 10, § 10 §1028 (2026).

Text

The authority may fix mortgage insurance premiums for the insurance of mortgage payments under this subchapter. The effective rate of the insurance premiums shall not be more than 2% per year of the actual or scheduled outstanding principal obligation at the beginning of each year. The authority shall determine and prescribe the manner in which the premiums shall be payable, the effective rate of the insurance premium, the actual or scheduled outstanding principal obligation and other matters necessary and proper for the assessment and collection of the premiums.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

PL 1981, c. 476, §2 (NEW). PL 1985, c. 344, §51 (AMD). PL 1985, c. 714, §26 (AMD).

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Maine § 10 §1028, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/10%20%C2%A71028.