{"data":{"id":"us-me/13-m.r.s.-1759","jurisdiction":"us-me","citation":"13 M.R.S. §1759","heading":"Loans","body":"Any lender is authorized to make loans secured by shares in a cooperative affordable housing corporation, including limited equity cooperatives.  For purposes of Title 9‑A, section 1‑202, subsection (8), a loan secured by shares of a cooperative affordable housing corporation must be considered a loan secured by a mortgage on real estate.","path":["TITLE 13: CORPORATIONS","PART 2: CORPORATIONS WITHOUT CAPITAL","CHAPTER 85: COOPERATIVES","SUBCHAPTER 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP"],"source_url":"https://legislature.maine.gov/statutes/13/title13sec1759.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"4228fd0137a53ad24102bcb668c6761608b9b6924519d090bcb712f63169fcfc","source_id":"us-me","stale":false,"prev":"us-me/13-m.r.s.-1758","next":"us-me/13-m.r.s.-1760"},"notice":"GroundRules: Original legal text. Not legal advice."}