Me. Rev. Stat. tit. 9-B, § 822 (2025) – Borrowing

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.
[PL 1975, c. 500, §1 (NEW).]
2. 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.
[PL 1975, c. 500, §1 (NEW).]

PL 1975, c. 500, §1 (NEW).