GroundRules
9-B M.R.S. §413: Borrowing
Where this section sits in the code
- TITLE 9-B: FINANCIAL INSTITUTIONS
- PART 4: POWERS AND DUTIES OF FINANCIAL INSTITUTIONS
- CHAPTER 41: GENERAL POWERS
A financial institution may borrow money on such terms and conditions as it may determine, issue its notes, bonds and other obligations and secure any of its obligations by mortgage, pledge or other encumbrance of all or any part of its property.
1. Capital notes or debentures.
2. Mortgage-backed securities.
Collected 2026-09-04T15:12:24Z. Source file · JSON