Code of Maine Rules
99 - INDEPENDENT AGENCIES
346 - MAINE STATE HOUSING AUTHORITY
Chapter 12 - RESIDENTIAL PROPERTY MUNICIPAL SECURITIES APPROVAL RULE
Section 346-12-9 - Location of Collateral
Universal Citation: 99 ME Code Rules ยง 346-12-9
Current through 2024-38, September 18, 2024
Real estate and fixtures constituting a significant portion of the collateral for repayment of revenue obligation securities shall be located within the State. Other types of collateral constituting a significant portion of the collateral for repayment of revenue obligation securities shall be owned by or provided for the benefit of a person or business association with a place of business in the State.
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