Maine Statutes
§ 33 §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.
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Legislative History
PL 1965, c. 357 (NEW).
Nearby Sections
15
§ 33 §501
Forms§ 33 §501-A
"Power of sale"§ 33 §502
Entry by mortgagee§ 33 §503
Property insurance§ 33 §505
Open-end mortgages§ 33 §506
Undocumented mortgage agreements§ 33 §508
Nominee mortgagees§ 33 §521
Short title§ 33 §522
Definitions§ 33 §523
Applicability