| The superintendent may waive all or part of the payments required | under this subsection for good cause shown by a credit union. |
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| | Sec. 21. 9-B MRSA §832, sub-§5 is enacted to read: |
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| | 5.__Rulemaking.__The superintendent may adopt rules to | implement this section or vary the amount of the fund required | under this section.__Rules adopted pursuant to this subsection | are routine technical rules as defined in Title 5, chapter 375, | subchapter 2-A. |
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| | Sec. 22. 9-B MRSA §833, sub-§1, as amended by PL 1997, c. 398, Pt. L, | §8, is repealed. |
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| | Sec. 23. 9-B MRSA §833, sub-§1-A is enacted to read: |
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| | 1-A.__Time for payment of dividends; method.__At such | intervals as the board of directors may authorize and after | provision for the guaranty fund established pursuant to section | 832, the board of directors may declare a dividend to be paid at | different rates on different types of shares, at different rates | and maturity dates in the case of share certificates and at | different rates on different types of share draft accounts.__ | Dividends credited may be accrued on various types of shares, | share certificates and share draft accounts as authorized by the | board of directors. |
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| | Sec. 24. 9-B MRSA §833, sub-§2, as enacted by PL 1975, c. 500, §1, is | repealed. |
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| | Sec. 25. 9-B MRSA §833, sub-§3-A, as enacted by PL 1981, c. 501, §36, | is repealed. |
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| | Sec. 26. 9-B MRSA §835, as enacted by PL 1975, c. 500, §1, is | repealed. |
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| | Sec. 27. 9-B MRSA §836, sub-§2, as corrected by RR 1997, c. 2, §37, is | repealed. |
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| | Sec. 28. 9-B MRSA §836, sub-§3, as enacted by PL 1975, c. 500, §1, is | repealed. |
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| | Sec. 29. 9-B MRSA §842, sub-§2, ¶B, as enacted by PL 1975, c. 500, §1, | is amended to read: |
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| B. To fix from time to time the maximum amount, both | secured and unsecured, which may be loaned to any one | member, except as limited by chapter 85, and to establish a | written loan policy pursuant to section 851, which must be | reviewed and ratified at least annually; |
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