Maine Statutes
§ 30-A §4802 — Institutional loans
Maine § 30-A §4802
This text of Maine § 30-A §4802 (Institutional loans) 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. 30-A, § 30-A §4802 (2026).
Text
1.Loans authorized.
The Maine State Housing Authority may make loans to financial institutions for the purpose of providing mortgage funds for the financing of housing units or housing projects for persons or families of low income. These loans are referred to in this subchapter as "institutional loans." Financial institutions receiving or to receive such loans are referred to in this subchapter as "participating financial institutions." A participating financial institution which does not maintain a regular place of business in the State must contract for the origination of mortgage loans with a financial institution with a regular place of business in the State.
2.Eligible mortgage loans.
Eligible mortgage loans under this subchapter are mortgage loans for the purpose of:
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Legislative History
PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD).
Nearby Sections
15
§ 30 §1001
County law enforcement administration§ 30 §1002
Aid required by officer; refusal§ 30 §1003
Officer to pay money collected§ 30 §1004
Arrest in other counties§ 30 §101
Board membership; chairman§ 30 §101-A
Municipal school budget§ 30 §102
Vacancies; expiration of term§ 30 §103
Other times§ 30 §105
Mode of electionCite This Page — Counsel Stack
Bluebook (online)
Maine § 30-A §4802, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/30-A%20%C2%A74802.