10 §1026-R. Mortgage insurance for waste oil disposal site clean-up projects (REPEALED) (REALLOCATED FROM TITLE 10, SECTION 1026-Q)
§1026-R. Mortgage insurance for waste oil disposal site clean-up projects (REPEALED) (REALLOCATED FROM TITLE 10, SECTION 1026-Q) SECTION HISTORY RR 1999, c. 1, §14 (RAL). PL 2003, c. 537, §41 (RP). PL 2003, c. 537, §53 (AFF).
10 §1026-S. Mortgage loans for Plymouth waste oil site remedial study (REPEALED)
§1026-S. Mortgage loans for Plymouth waste oil site remedial study (REPEALED) SECTION HISTORY PL 1999, c. 713, §4 (NEW). PL 2003, c. 537, §42 (RP). PL 2003, c. 537, §53 (AFF).
10 §1026-T. Innovation finance program
§1026-T. Innovation finance program 1. Established. The authority may create and oversee a state innovation finance program, referred to in this section as “the program,” to increase the supply of venture capital to the economy of the State by improving access by innovative businesses in this State to venture capital funds. Investment performance of the […]
10 §1026-U. Maine Capital Investment Program (WHOLE SECTION TEXT EFFECTIVE ON CONTINGENCY: See PL 2015, c. 415, §2)
§1026-U. Maine Capital Investment Program (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE ON CONTINGENCY: See PL 2015, c. 415, §2) 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Business development project” means a project that involves the construction, development, […]
10 §1027. Insurance of mortgages (REPEALED)
§1027. Insurance of mortgages (REPEALED) SECTION HISTORY PL 1981, c. 476, §2 (NEW). PL 1983, c. 519, §11 (AMD). PL 1985, c. 344, §50 (RP).
10 §1028. Mortgage insurance premiums
§1028. Mortgage insurance premiums 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 […]
10 §1029. Insurance of subchapter 3 loans
§1029. Insurance of subchapter 3 loans 1. Eligible for insurance. All payments required under a mortgage, a loan agreement or related documents for a project financed by revenue obligation securities issued pursuant to subchapter 3, including revenue obligation securities that provide full or partial financing for more than one project, are eligible for insurance to […]
10 §1030. Incontestability
§1030. Incontestability Any loan insurance commitment or contract executed and delivered by the authority under this subchapter is conclusive evidence of the eligibility of the loan for insurance subject to satisfaction of any conditions set forth in the loan insurance contract or commitment and that the requirements of sections 1026‑A and 1026‑E have, to the […]
10 §1031. Loans eligible for investment
§1031. Loans eligible for investment Loans insured under this subchapter are made legal investments for all insurance companies, trust companies, banks, investment companies, savings banks, savings and loan associations, executors, trustees and other fiduciaries, public and private pension or retirement funds and other persons. [PL 2003, c. 537, §45 (AMD); PL 2003, c. 537, […]
10 §1032. Capital reserve funds; obligation of State
§1032. Capital reserve funds; obligation of State 1. Capital reserve fund. The authority may create and establish one or more capital reserve funds and may pay into any such capital reserve fund any money appropriated and made available by the State for the purposes of any such fund and any other money available to the […]