Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
029 - BUREAU OF FINANCIAL INSTITUTIONS
Chapter 128 - LOANS TO ONE BORROWER LIMITATIONS
Section 029-128-4 - LENDING LIMITS
Universal Citation: 02 ME Code Rules ยง 029-128-4
Current through 2024-13, March 27, 2024
Except as provided in 9-B MRSA §439-A and this regulation, a financial institution and/or its subsidiaries may not make loans or extensions of credit outstanding at one time to a borrower in excess of 20% of its total capital and surplus.
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