Maine Statutes
§ 9-B §1235 — Lending limits
Maine § 9-B §1235
JurisdictionMaine
Title 9-BFINANCIAL INSTITUTIONS
Part 12SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
Ch. 123UNINSURED BANKS
This text of Maine § 9-B §1235 (Lending limits) 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. 9-B, § 9-B §1235 (2026).
Text
An uninsured bank's lending limit is governed by section 439-A or rules adopted under section 439-A, except that loans or extensions of credit to a person are limited to 15% of total capital.
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Legislative History
PL 1997, c. 398, §J2 (NEW).
Nearby Sections
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Surplus fund§ 9 §1046
Borrowing capacityCite This Page — Counsel Stack
Bluebook (online)
Maine § 9-B §1235, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/9-B%20%C2%A71235.