[§211F-45]  Program for capital access
participation agreements.  The corporation shall enter into agreements with
lenders for participation in the program for capital access that shall include
but not be limited to:



(1)  Authorization for the lender to determine,
collect, and transmit to the corporation a fee or premium charge within a
specified range established consistent with the purposes and objectives of the
corporation;



(2)  Specification of whether the premium charge shall
be paid by the lender, the borrower, the corporation, or by a combination
thereof in specified proportions;



(3)  The procedure by which a lender may make a claim
upon the corporation upon default by the borrower, and the conditions under
which a claim may be made; and



(4)  The maximum amount of claims a lender may make
upon the corporation, which amount may be equal to or less than the proportion
of the total premiums contributed by the corporation. [L 1990, c 110, pt of §3]