Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 101 - LOAN INSURANCE PROGRAM
- Section 457-101-1 - Definitions
- Section 457-101-2 - Eligibility
- Section 457-101-3 - Application
- Section 457-101-4 - Review of and Action upon Application
- Section 457-101-5 - Criteria and Considerations
- Section 457-101-6 - Loan and Insurance Terms and Conditions
- Section 457-101-7 - Additional Terms for Working Capital Loans
- Section 457-101-8 - Commitment or Rejection
- Section 457-101-9 - Loan Insurance Agreement
- Section 457-101-10 - Insurance Claim Options
- Section 457-101-11 - Premiums, Fees and Other Charges
- Section 457-101-12 - Waiver of rule
- Section 457-101-13 - Miscellaneous
- Section 457-101-14 - Appeal
Current through 2024-38, September 18, 2024
Summary: This rule establishes the procedures, standards and fees applicable to borrowers and lenders, including trustees for bondholders, applying for and benefiting from the Authority's program of business loan insurance.
STATUTORY AUTHORITY: 10 M.R.S. §969-A(14), and 1026-A
Disclaimer: These regulations may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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