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

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

(2)  Specification of whether the premium charge shallbe paid by the lender, the borrower, the corporation, or by a combinationthereof in specified proportions;

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

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