Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 303 - NATURAL DISASTER BUSINESS ASSISTANCE PROGRAM
- Section 457-303-1 - DEFINITIONS
- Section 457-303-2 - ELIGIBILITY
- Section 457-303-3 - APPLICATION CONTENTS
- Section 457-303-4 - APPLICATION PROCEDURES
- Section 457-303-5 - ASSISTANCE PROVIDED
- Section 457-303-6 - CRITERIA AND CONSIDERATION
- Section 457-303-7 - COMMITMENT
- Section 457-303-8 - APPEAL TO THE MEMBERS
- Section 457-303-9 - COLLATERAL
- Section 457-303-10 - LOAN TERMS AND CONDITIONS
- Section 457-303-11 - WAIVER OF RULE
Current through 2024-38, September 18, 2024
Summary: This rule establishes the procedures and standards applicable to borrowers and lenders participating in the Authority's statewide program for making or securing loans of up to $50,000 to victims of natural disasters, including the 1987 flood.
AUTHORITY: 10 MRSA §§969-A(14), 1011 , 1012
This rule is based on the following:
1. The Finance Authority of Maine Act, 10 MRSA §961 and following, and particularly § 969-A(14) and Chapter 110, subchapter 1-C;
2. The expertise and experience of the members and employees of the Authority.
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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