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Me. Rev. Stat. tit. 9-B, § 1235

Lending limits

PL 1997, c. 398, §J2 (NEW).

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.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.