Maine § 1746. - Perfection of security interests in cooperative interests
Full text of Maine Maine Revised Statutes § 1746. — Perfection of security interests in cooperative interests, with citation guidance and answers to common questions.
§ 1746.. Perfection of security interests in cooperative interests
1. Creation of security interest. Security interests in shares of cooperative affordable housing corporations may be created, perfected and enforced in the same manner as security interests in certificated securities under Title 11, Articles 8‑A and 9‑A. A lender may perfect such a security interest by possession of shares or by any other method under which security interests in certificated securities may be perfected pursuant to Title 11, Article 8‑A.
2. Notation of secured party. Upon the request of a secured party, a cooperative affordable housing corporation shall note on its books and records the interest of the secured party in a cooperative interest. Such a request or notation is not required to perfect a security interest in a cooperative interest.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 1746.
What does Maine Revised Statutes § 1746. cover?
Section 1746. ("Perfection of security interests in cooperative interests") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 1746.?
A common citation format is "Maine Revised Statutes § 1746." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 1746. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.