Sec. 1. 10 MRSA §962, sub-§1, as amended by PL 1985, c. 344, §5, is further amended to read:

1. Loans. Encourage the making of mortgage loans to finance the planning, development, acquisition, construction, improvement, expansion and placing in operation of industrial, manufacturing, recreational, fishing, agricultural and other business and natural resource enterprises;

Sec. 2. 10 MRSA §962, sub-§4, as amended by PL 1989, c. 559, §1, is further amended to read:

4. Small businesses and veteran-owned small businesses. Encourage the making of mortgage loans to small businesses and veteran-owned small businesses;

Sec. 3. 10 MRSA §963-A, sub-§§6 and 8, as enacted by PL 1985, c. 344, §7, are amended to read:

6. Commitment to issue loan insurance. "Commitment to issue mortgage loan insurance" means a commitment to provide insurance for mortgage loan payments subject to terms specified by the authority.

8. Eligible collateral. "Eligible collateral" means an eligible project accounts, as-extracted collateral, chattel paper, commercial tort claims, consumer goods, deposit accounts, documents, equipment, farm products, fixtures, general intangibles, instruments, investment property, inventory, letter of credit rights, manufactured homes, money, real estate, supporting obligations and accessions to any of the foregoing and any other business assets.

Sec. 4. 10 MRSA §963-A, sub-§10, as corrected by RR 1999, c. 1, §§7 to 9, is amended to read:

10. Eligible project. "Eligible project" or "eligible collateral" means any of the following:

A. Any real property located within the State, including without limitation any land, buildings, fixture, improvement, easement, right-of-way, water right, land lying under water or air right eligible enterprise;

B. Any personal property, including without limitation any leasehold, inventory, account receivable, patent, license, franchise, machinery, equipment, merchandise, raw material, supply, product, work in process, stock in trade, capital