Section 457-315-6 - Participating Financial InstitutionsA. The Authority will enter into contracts with each financial institution which agrees to: (1) Maintain accounts for and in the name of the account holder(s);(2) Permit deposits to be made into accounts by the community development organization on behalf of the account holder;(3) Credit interest to the account at a rate equal to or higher than the rate applicable to comparable accounts within the financial institution;(4) Permit the account holder to withdraw money from an account for an eligible purpose identified in section 9; and(5) Require the account holder to allow the financial institution to provide all account information to the community development organization.B. All financial institutions in the State are eligible to participate in the program.C. The Authority may terminate the participation of any financial institution which does not comply with the contract.94-457 C.M.R. ch. 315, § 6