Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 204 - SECONDARY MARKET PROGRAM
Section 457-204-8 - Priorities
Universal Citation: 94 ME Code Rules ยง 457-204-8
Current through 2024-38, September 18, 2024
The entire Eligible Loan will be secured by the same security with equal lien priority for the Guaranteed Portion and the Unguaranteed Portion of the Eligible Loan. The unguaranteed portion of the Eligible Loan will not be paid first nor given any preference or priority over the Guaranteed Portion.
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