{"data":{"id":"us-me/9-b-m.r.s.-822","jurisdiction":"us-me","citation":"9-B M.R.S. §822","heading":"Borrowing","body":"1.  Limitation.  A credit union may borrow moneys from any source; provided that its aggregate borrowing shall not exceed 50% of its paid-in share capital and total surplus.\n2.  Exceeding limitation.  Upon making application to and receiving the written approval of the superintendent, a credit union may borrow in excess of the limitation set forth in subsection 1, but not in excess of the amount stated in such approval.","path":["TITLE 9-B: FINANCIAL INSTITUTIONS","PART 8: CREDIT UNIONS","CHAPTER 82: POWERS"],"source_url":"https://legislature.maine.gov/statutes/9-B/title9-Bsec822.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"548b9fc1ba77760724d99c2d92d46aac4fdc7281e82a6103fae55d1340977ae5","source_id":"us-me","stale":false,"prev":"us-me/9-b-m.r.s.-821","next":"us-me/9-b-m.r.s.-823"},"notice":"GroundRules: Original legal text. Not legal advice."}
