Sec. 30. 10 MRSA §1026-B, as amended by PL 1999, c. 504, §9, is repealed.

Sec. 31. 10 MRSA §1026-C, as amended by PL 1997, c. 455, §6 and c. 489, §6, is repealed.

Sec. 32. 10 MRSA §1026-D, as amended by PL 2001, c. 417, §15, is repealed.

Sec. 33. 10 MRSA §1026-E, first ¶, as amended by PL 1985, c. 714, §25, is further amended to read:

In addition to its other powers under this chapter, subject to the limitations of this subchapter, except section 1026-A, subsection 1, paragraph A, and sections 1026-B, 1026-C and 1026- D, the authority may insure mortgage payments with respect to mortgage loans designated as one or more pools or other segregated portfolios. Any such insurance shall may not exceed 50% of the aggregate principal balances of the mortgage loans as of the date on which the mortgage loans are designated for inclusion in a pool. The authority shall, by rulemaking pursuant to Title 5, chapter 375, subchapter II 2, establish requirements for demonstrating project feasibility and for collateral.

Sec. 34. 10 MRSA §1026-F, as amended by PL 1993, c. 601, §3, is repealed.

Sec. 35. 10 MRSA §1026-G, as enacted by PL 1987, c. 846, §9, is repealed.

Sec. 36. 10 MRSA §1026-H, sub-§4, ¶¶B and C, as enacted by PL 1989, c. 552, §14, are amended to read:

B. In the case of security for commercial loans, funds may be provided from the fund established under section 1026-G 1023-F to the lender as collateral for the loan on such terms and conditions as may be established by the authority by rulemaking pursuant to the Maine Administrative Procedure Act, Title 5, chapter 375, subchapter II 2, provided that as long as funds deposited with the lender do not exceed 45% of the total loan. The authority may provide that the lender may apply the deposited money from the fund to the loan in the event of default prior to application of collateral to the loan. The authority may also provide funds to a lender as a deposit in the name of the authority at a reduced rate of interest provided that as long as the