reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 106: OXFORD COUNTY › 10 §911. Economic and recreational development (REPEALED)

§911. Economic and recreational development
(REPEALED)
SECTION HISTORY
PL 1965, c. 122 (NEW). PL 1967, c. 442 (AMD). PL 1969, c. 107 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §915. Legislative findings and intent

§915. Legislative findings and intent
The State of Maine has long had serious conditions of unemployment, underemployment, low per capita income and resource underutilization that cause substantial hardships to many individuals and families, impede the economic and physical development of various regions of the State, and adversely affect the general welfare and prosperity of the State.   [RR 2013, c. 2, §11 (COR).]
There is a need to establish a new basis for a creative partnership of the private and public sectors for economic development, a partnership which can capitalize on the interests, resources and efforts of each sector, but which does not compromise the public interest or the profit motive. The state's solitary burden to provide for development should lessen through involving the private sector in a leadership role.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW). RR 2013, c. 2, §11 (COR).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §916. Establishment

§916. Establishment
The Maine Development Foundation is hereby established to foster, support and assist economic growth and revitalization in Maine. The foundation shall carry out its purposes in complement to and in coordination with the economic development activities of the private sector, community and regional agencies and State Government.   [PL 1977, c. 548, §1 (NEW).]
The foundation shall exist as a not-for-profit corporation with a public purpose, and the exercise by the foundation of the powers conferred by this chapter shall be deemed and held to be an essential governmental function.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §917. Purpose (REPEALED)

§917. Purpose
(REPEALED)
SECTION HISTORY
PL 1977, c. 548, §1 (NEW). PL 1981, c. 512, §§8,9 (AMD). PL 1981, c. 686, §1 (AMD). PL 1985, c. 161, §1 (AMD). PL 1987, c. 534, §§B3,B23 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §919. Board of directors; officers

§919. Board of directors; officers
The Board of Directors of the Maine Development Foundation, referred to in this chapter as the "board of directors," consists of a minimum of 15 directors elected or appointed to serve in that capacity in accordance with this section. The board of directors shall annually determine the number of directors for the succeeding year. The corporators shall elect 1/2 of the elected directors from among the private sector corporators and 1/2 of the elected directors from among the public sector corporators. The Governor shall appoint 2 directors from among the ex officio corporators. Except for the president of the Maine Development Foundation, a person may not serve as a director for more than 5 years in succession. The corporators shall elect a chair, a vice-chair and a treasurer from among the board of directors. The board of directors shall appoint a president of the Maine Development Foundation. The president may not be appointed from among the other directors. Upon appointment, the president becomes a director and the chief executive officer of the Maine Development Foundation.   [PL 1997, c. 662, §3 (RPR).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW). PL 1997, c. 662, §3 (RPR).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §921. Limitation of powers

§921. Limitation of powers
The foundation, notwithstanding the foregoing, shall have no power or authority to enter into contracts, obligations or commitments of any kind on behalf of the State or any of its agencies, nor shall it have the power of eminent domain or any other power not provided to business corporations generally. Bonds, notes and other evidences of indebtedness of the foundation shall not in any way be a debt or liability of the State or constitute a pledge of the faith and credit of the State.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §922. Liability of officers, directors

§922. Liability of officers, directors
All officers, directors, employees and other agents of the foundation entrusted with the custody of the securities of or authorized to disburse the funds of the foundation shall be bonded, either by a blanket bond or by individual bonds, with a surety bond or bonds with a minimum limitation of $100,000 coverage for each person covered thereby, conditioned upon the faithful performance of their duties, the premiums for which shall be paid out of the assets of the foundation.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §923. Prohibited interests of officers, directors and employees

§923. Prohibited interests of officers, directors and employees
No officer, director or employee of the foundation or their spouses or dependent children shall receive any direct personal benefit from the activities of the foundation in assisting any private entity. This provision shall not prohibit corporations or other entities with which an officer or director is associated by reason of ownership or employment from participating in economic development activities with the foundation, provided that such ownership or employment is made known to the board, and the officer or director abstains from voting on matters relating to such participation. This prohibition does not extend to corporators who are not officers or directors of the foundation.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §924. Donations to the State

§924. Donations to the State
The State of Maine, through the Governor, may accept donations, bequests, devises, grants or other interests of any nature on behalf of the foundation and transfer such funds, property or other interests to the foundation.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §925. Annual report, audit

§925. Annual report, audit
The foundation shall provide an annual report and an independent audit of its activities to the Governor, the Legislature, its corporators and members. The foundation shall be subject to such further audit and review as deemed necessary by the Governor or the Legislative Council at the expense of the State.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §926. General conditions; dissolution

§926. General conditions; dissolution
The Maine Development Foundation shall operate as a not-for-profit organization consistent with its composition and broad public purposes. The following conditions shall apply to the operation or dissolution of the foundation.   [PL 1977, c. 548, §1 (NEW).]
1.  Net earnings of the foundation.
No part of the net earnings of the foundation shall inure to the benefit of any corporator, officer, director or employee except that the foundation shall be authorized and empowered to pay reasonable compensation for services rendered, and otherwise hold, manage and dispose of its property in furtherance of the purposes of the foundation.
[PL 1977, c. 548, §1 (NEW).]
2.  Dissolution of foundation.
Upon dissolution of the foundation, the corporators shall, after paying or making provision for the payment of all liabilities of the foundation, cause all of the remaining assets of the foundation to be transferred to the State.
[PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §927. Liberal construction

§927. Liberal construction
This chapter shall be construed liberally to effect the interest and purposes of the foundation for an improved economic development effort in the State and shall be broadly interpreted to effect such intent and purposes and not as a limitation of powers.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §928. Initial organization

§928. Initial organization
In order to provide for the initial organization of the foundation, the Governor shall appoint an organizing committee of 14 persons, 7 of whom shall be eligible to be private sector corporators, 5 of whom shall be eligible to be public sector corporators and 2 of whom shall be state department and agency heads from among the list set forth in section 918, subsection 3. The Governor shall designate the chairman of the committee. The organizing committee shall solicit individuals and corporations from the private and public sectors as described in this chapter to be corporators of the Maine Development Foundation.   [PL 1979, c. 127, §57 (AMD).]
The committee shall call and hold an initial meeting of the corporators no later than 6 months from the effective date of this Act. The initial meeting shall be for the election of directors and officers of the foundation. The committee shall prepare an agenda for and the chairman shall chair the initial meeting. The committee shall serve as the nominating committee for the initial election only, and may submit suggested bylaws and procedures for consideration by the corporators.   [PL 1977, c. 548, §1 (NEW).]
After the initial meeting of the corporators, the organizing committee shall be dissolved and its members shall serve the foundation only as they may be qualified as corporators. The State Development Office and the State Planning Office may provide assistance to the organizing committee in the initial development of the foundation.   [PL 1977, c. 548, §1 (NEW).]
SECTION HISTORY
PL 1977, c. 548, §1 (NEW). PL 1979, c. 127, §57 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL › 10 §929-C. Research and development budgetary recommendations

§929-C. Research and development budgetary recommendations
The Maine Economic Growth Council, established in section 929-A, with input from the Office of Innovation, established pursuant to Title 5, section 13105, and the Maine Innovation Economy Advisory Board, under section 949, shall review the innovation economy action plan, as described in Title 10, chapter 107-D, and develop specific annual budgetary recommendations to support the plan’s vision and goals. These recommendations must include specific bonding and General Fund appropriations investment levels. By June 1st of each year, the council shall submit its recommendations, along with an annual accountability update that summarizes the State’s commitment to research and development investments in the prior year, to the Governor, the Legislature and the joint standing committee of the Legislature having jurisdiction over business, research and economic development issues.   [PL 2007, c. 420, §6 (NEW).]
SECTION HISTORY
PL 2007, c. 420, §6 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §931. Establishment (REPEALED)

§931. Establishment
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §932. Duties (REPEALED)

§932. Duties
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §933. Members of the association (REPEALED)

§933. Members of the association
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §934. Board of directors and officers (REPEALED)

§934. Board of directors and officers
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF). PL 1995, c. 688, §10 (AMD). PL 1997, c. 393, §A15 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §935. General powers (REPEALED)

§935. General powers
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §935-A. Adoption of bylaws (REPEALED)

§935-A. Adoption of bylaws
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §936. Limitation of powers (REPEALED)

§936. Limitation of powers
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §937. Liability of officers, directors and employees (REPEALED)

§937. Liability of officers, directors and employees
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §938. Prohibited interests of officers, directors and employees (REPEALED)

§938. Prohibited interests of officers, directors and employees
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §939. Donations to the State (REPEALED)

§939. Donations to the State
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §940. Matching fund (REPEALED)

§940. Matching fund
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §941. Annual report; audit (REPEALED)

§941. Annual report; audit
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §942. General conditions; dissolution (REPEALED)

§942. General conditions; dissolution
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-A: MAINE WORLD TRADE ASSOCIATION (REPEALED) › 10 §943. Liberal construction (REPEALED)

§943. Liberal construction
(REPEALED)
SECTION HISTORY
PL 1989, c. 875, §§K1,3 (NEW). PL 1995, c. 648, §4 (RP). PL 1995, c. 648, §9 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945. Establishment

§945. Establishment
The Maine International Trade Center, referred to in this chapter as the "center," is established to enhance the competitive advantage of state businesses desiring to compete in the international market. The center provides a source of leadership, coordination and a shared vision for international trade development in the State. The purpose of the center, through its cooperative public and private board, is to refine, revise and implement the State's international strategic plan by providing and enhancing services in coordination with the economic development activities of the private sector, community and regional agencies and State Government.   [PL 1995, c. 648, §5 (NEW).]
The center is a private nonprofit corporation with a public purpose and the exercise by the center of the powers conferred by this chapter is held to be an essential governmental function.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-A. Duties

§945-A. Duties
The center shall provide a base level of services without regard to membership in the center and enhanced services as the center's board of directors may direct, to private entities, individuals, the State and to quasi-public and public entities. The center shall encourage and assist the growth of the State's international economic activities in the following ways.   [PL 1995, c. 648, §5 (NEW).]
1.  Forum.
The center shall provide a continuing forum for the exchange of expertise, ideas and innovations between the public and private sectors.
[PL 1995, c. 648, §5 (NEW).]
2.  Education.
The center shall offer quality education and technical services to businesses in the State that compete or seek to compete in worldwide markets.
[PL 1995, c. 648, §5 (NEW).]
3.  Development of programs.
The center shall act as a catalyst in the development and coordination of international programs.
[PL 1995, c. 648, §5 (NEW).]
4.  Public policy.
The center shall underscore the importance of international trade as a priority of public policy and to enhance public appreciation of the relevance of the international economy.
[PL 1995, c. 648, §5 (NEW).]
5.  Information.
The center shall provide information necessary to transact international business and to make effective decisions concerning international trade and policy.
[PL 1995, c. 648, §5 (NEW).]
6.  Infrastructure.
The center shall support the development and availability of an overall infrastructure conducive to international business.
[PL 1995, c. 648, §5 (NEW).]
7.  Dissemination of programs.
The center shall promote the development and dissemination of education, training and technical assistance programs appropriate for foreign countries.
[PL 1995, c. 648, §5 (NEW).]
8.  Market opportunities.
The center shall identify market opportunities and potential contracts in foreign countries that match the technologies and expertise available in the State and coordinate and submit appropriate proposal responses.
[PL 1995, c. 648, §5 (NEW).]
9.  Data base.
The center shall maintain an international commerce data base to assist in making program decisions.
[PL 1995, c. 648, §5 (NEW).]
10.  Staffing.
The center shall provide or arrange and manage staffing for the Citizen Trade Policy Commission in accordance with section 11.
[PL 2021, c. 687, §3 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW). PL 2021, c. 687, §3 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-B. Members of center

§945-B. Members of center
Members of the center are individuals and organizations that pay dues to the center or are state agencies as specified in subsection 1. Memberships may be set at different levels. Members shall elect 7 members to the board of directors of the center pursuant to section 945‑C.   [PL 1995, c. 648, §5 (NEW).]
1.  Members.
Members are the private individuals, partnerships, firms, corporations, governmental entities and other organizations who pay dues to the center. For the purposes of this chapter, members may include, but are not limited to, municipal and county government, councils of government, local and area development corporations, regional planning commissions, development districts, state agencies, higher educational facilities, including the components of the University of Maine System, the Maine Maritime Academy, private colleges and postsecondary schools and community colleges, and other public or quasi-public entities. The following 7 public organizations are granted membership by virtue of the State's contribution to the organization and are exempt from dues requirements and each is entitled to designate one individual to exercise its voting right: the Department of Agriculture, Conservation and Forestry, the Office of Policy Innovation and the Future, the Finance Authority of Maine, the Department of Labor, the Department of Marine Resources, the Department of Economic and Community Development and the Department of Transportation.
[PL 2013, c. 405, Pt. D, §5 (AMD); PL 2021, c. 293, Pt. A, §52 (REV).]
2.  Voting rights.
All members have a vote in the affairs of the center as set forth in the bylaws of the center, except that when the member is an organization and not an individual the governing body of that organization shall designate the individual who is to exercise the voting right.
[PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW). PL 2003, c. 20, §OO2 (AMD). PL 2003, c. 20, §OO4 (AFF). PL 2011, c. 655, Pt. EE, §14 (AMD). PL 2011, c. 655, Pt. EE, §30 (AFF). PL 2013, c. 405, Pt. D, §5 (AMD). PL 2021, c. 293, Pt. A, §52 (REV).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-C. Board of directors and officers

§945-C. Board of directors and officers
The Board of Directors of the Maine International Trade Center, referred to in this chapter as the "board of directors," consists of 11 directors elected from the membership, 5 directors appointed by the Governor and the president of the center, serving in an ex officio capacity. Each director is entitled to one vote. Board members' terms must be staggered as determined in the bylaws of the center.   [PL 2021, c. 46, §1 (AMD).]
The state representative of the United States Department of Commerce and the state representative of the United States Small Business Administration may serve as nonvoting ex officio directors.   [PL 1995, c. 648, §5 (NEW).]
1.  Elected directors.
The members shall elect 11 directors from among the center's dues-paying membership.
[PL 2021, c. 46, §2 (AMD).]
2.  Governor-selected directors.
The Governor shall select 5 directors, each of whom must have international business or professional experience.
[PL 2021, c. 46, §3 (AMD).]
3.  Chair; vice-chair; treasurer.
The board of directors shall elect the chair and the vice-chair of the board of directors and the treasurer of the center from among the directors.
[PL 1995, c. 648, §5 (NEW).]
4.  President.
The International Trade Director at the Department of Economic and Community Development shall serve as the president of the center upon confirmation by a majority of the board of directors. Once every 2 years, the Governor shall submit the International Trade Director's name to the board of directors for reappointment. Reappointment is subject to confirmation by a majority of the board of directors. The president shall serve as an ex officio voting member of the board of directors.
[PL 2021, c. 46, §4 (AMD).]
5.  Duties of president.
The president shall:
A. Serve as the liaison between the board of directors and the center;   [PL 1995, c. 648, §5 (NEW).]
B. Manage the center's programs and services;   [PL 1995, c. 648, §5 (NEW).]
C. Ensure that the center's programs reflect the policy and management decisions as described in the strategic plan for the State concerning international trade;   [PL 1995, c. 648, §5 (NEW).]
D. Coordinate all services to continually meet the needs of the center as described in the strategic plan for the State;   [PL 1995, c. 648, §5 (NEW).]
E. Play a leadership role in coordinating, facilitating and helping to prioritize both the short-term and long-term recommendations of this strategic plan;   [PL 1995, c. 648, §5 (NEW).]
F. Serve as the State's diplomat, providing leadership in the area of international trade and advocating within the State and abroad on behalf of the State's international trade community; and   [PL 1995, c. 648, §5 (NEW).]
G. Perform such other duties as the board considers appropriate.   [PL 1995, c. 648, §5 (NEW).]
[PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW). PL 2021, c. 46, §§1-4 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-E. Adoption of bylaws

§945-E. Adoption of bylaws
The center shall adopt bylaws consistent with this chapter for the governance of its affairs and has the general powers accorded corporations under Title 13-C, section 302. The center shall take all actions necessary or convenient to carry out the lawful purposes of the center under this chapter.   [RR 2001, c. 2, Pt. B, §24 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW). RR 2001, c. 2, §B24 (COR). RR 2001, c. 2, §B58 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-F. Limitation of powers

§945-F. Limitation of powers
The center may not enter into contracts, obligations or commitments of any kind on behalf of the State or any of its agencies, nor may it have the power of eminent domain or any other power not provided to business corporations generally. Bonds, notes and other evidences of indebtedness of the center may not in any way be a debt or liability of the State or constitute a pledge of the faith and credit of the State.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-G. Liability of officers, directors and employees

§945-G. Liability of officers, directors and employees
All officers, directors, employees and other agents of the center entrusted with the custody of the securities of the center or authorized to disburse the funds of the center must be bonded, either by a blanket bond or by individual bonds, with a surety bond or bonds with a minimum limitation of $100,000 coverage for each person covered by the surety bond, conditioned upon the faithful performance of duties, the premiums for which are paid out of the assets of the center.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-H. Prohibited interests of officers, directors and employees

§945-H. Prohibited interests of officers, directors and employees
Officers, directors or employees of the center or their spouses or dependent children may not receive any direct personal benefit from the activities of the center in assisting any private entity. This section does not prohibit corporations or other entities with which officers or directors are associated by reason of ownership or employment from participating in international trade activities of the center or receiving services offered by the center as long as the ownership or employment is made known to the board of directors and, if applicable, the officers or directors abstain from voting on matters relating to that participation. This section does not apply to members who are not officers or directors of the center.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-I. Donations to State

§945-I. Donations to State
The State, through the Governor, may accept donations, bequests, devises, grants or other interests of any nature on behalf of the center and transfer those funds, property or other interests to the center.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-J. Confidential records

§945-J. Confidential records
The records and proceedings of the center are public for the purposes of Title 1, chapter 13, except as otherwise provided in this section.   [PL 2009, c. 567, §2 (AMD).]
1.  Proprietary information; other information.
Information provided to or developed by the center and included in a business or marketing plan is public unless the person to whom the information belongs or pertains requests that it be designated as confidential and the center has determined it contains proprietary information. For the purposes of this subsection, "proprietary information" means information that is a trade secret or production, commercial or financial information the disclosure of which would impair the competitive position of the center or the person submitting the information and would make available information not otherwise publicly available.
[PL 2009, c. 567, §3 (AMD).]
2.  Tax or financial information.
Any financial statement, supporting data or tax return of any person is confidential.
[PL 1995, c. 648, §5 (NEW).]
3.  Credit assessment.
Any record obtained by the center that contains an assessment of the credit worthiness, credit rating or financial condition of any person is confidential.
[PL 1995, c. 648, §5 (NEW).]
This section does not prohibit the disclosure of information that is otherwise available in the public domain.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW). PL 2009, c. 567, §§2, 3 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-K. Annual report; audit

§945-K. Annual report; audit
The center shall provide an annual report and an independent audit of its activities to the Governor, the joint standing committee of the Legislature having jurisdiction over economic development matters and the members of the center.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-L. General conditions; dissolution

§945-L. General conditions; dissolution
The center shall operate as a nonprofit organization consistent with its composition and broad public purposes. The following conditions apply to the operation or dissolution of the center.   [PL 1995, c. 648, §5 (NEW).]
1.  Net earnings of center.
No part of the net earnings of the center may inure to the benefit of any member, officer, director or employee, except that the center may pay reasonable compensation for services rendered and otherwise hold, manage and dispose of its property for the purposes of the center.
[PL 1995, c. 648, §5 (NEW).]
2.  Dissolution of center.
Upon dissolution of the center, the members shall transfer all unexpended General Fund appropriations to the State before paying or making provision for the payment of all other liabilities of the center.
[PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER › 10 §945-M. Liberal construction

§945-M. Liberal construction
This chapter may be construed liberally to effect the intent and purposes of the center for an improved and enhanced international trade development effort in the State and may not be construed as a limitation of powers.   [PL 1995, c. 648, §5 (NEW).]
SECTION HISTORY
PL 1995, c. 648, §5 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-C: MAINE ECONOMIC IMPROVEMENT FUND › 10 §946. Establishment

§946. Establishment
The Maine Economic Improvement Fund is established to administer investments in targeted research and development and product innovation and to provide the basic investment necessary to obtain matching funds and competitive grants from private and federal sources.   [PL 1997, c. 556, §3 (NEW).]
SECTION HISTORY
PL 1997, c. 556, §3 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 107-C: MAINE ECONOMIC IMPROVEMENT FUND › 10 §947. Definitions

§947. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 1997, c. 556, §3 (NEW).]
1.  Fund.
"Fund" means the Maine Economic Improvement Fund.
[PL 1997, c. 556, §3 (NEW).]
2.  Research and development.
"Research and development" means applied scientific research and related commercial development conducted by the University of Maine System, its member institutions and its employees and students in the target areas.
[PL 1997, c. 556, §3 (NEW).]
3.  Target areas.
"Target areas" means the targeted technologies identified in Title 5, chapter 407 for which applied research and development is considered most likely to produce significant benefits to the people and economy of the State.
A.   [PL 1999, c. 401, Pt. AAA, §4 (RP).]
B.   [PL 1999, c. 401, Pt. AAA, §4 (RP).]
C.   [PL 1999, c. 401, Pt. AAA, §4 (RP).]
D.   [PL 1999, c. 401, Pt. AAA, §4 (RP).]
E.   [PL 1999, c. 401, Pt. AAA, §4 (RP).]
[PL 1999, c. 401, Pt. AAA, §4 (AMD).]
SECTION HISTORY
PL 1997, c. 556, §3 (NEW). PL 1999, c. 401, §AAA4 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §950. Statement of legislative findings and intent (REPEALED)

§950. Statement of legislative findings and intent
(REPEALED)
SECTION HISTORY
PL 1977, c. 531, §1 (NEW). PL 1979, c. 587, §§1,2 (AMD). PL 1983, c. 700, §1 (AMD). MRSA T. 10 §955 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §951. Formation; name; purposes (REPEALED)

§951. Formation; name; purposes
(REPEALED)
SECTION HISTORY
PL 1977, c. 531, §1 (NEW). PL 1979, c. 587, §3 (RPR). PL 1983, c. 700, §2 (AMD). MRSA T. 10 §955 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §952. Limitations on purposes and powers (REPEALED)

§952. Limitations on purposes and powers
(REPEALED)
SECTION HISTORY
PL 1977, c. 531, §1 (NEW). PL 1979, c. 587, §4 (AMD). PL 1981, c. 364, §1 (AMD). PL 1983, c. 700, §3 (AMD). PL 1985, c. 506, §A9 (AMD). PL 1987, c. 186, §§1-4 (AMD). MRSA T. 10 §955 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §953. Initial organization; approval of Commissioner of Business Regulation (REPEALED)

§953. Initial organization; approval of Commissioner of Business Regulation
(REPEALED)
SECTION HISTORY
PL 1977, c. 531, §1 (NEW). MRSA T. 10 §955 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §954. Subscription and sales of stock; first shareholders meetings (REPEALED)

§954. Subscription and sales of stock; first shareholders meetings
(REPEALED)
SECTION HISTORY
PL 1977, c. 531, §1 (NEW). MRSA T. 10 §955 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 108: THE MAINE CAPITAL CORPORATION (REPEALED) › 10 §955. Repeal (REPEALED)

§955. Repeal
(REPEALED)
SECTION HISTORY
PL 1983, c. 700, §4 (NEW). PL 1993, c. 531, §1 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 109: MAINE NATURAL RESOURCE CAPITAL COMPANY (REPEALED) › 10 §956. Formation; name; purpose (REPEALED)

§956. Formation; name; purpose
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §4 (NEW). PL 1985, c. 344, §2 (AMD). PL 1985, c. 714, §2 (AMD). PL 1987, c. 854, §§1,5 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 109: MAINE NATURAL RESOURCE CAPITAL COMPANY (REPEALED) › 10 §957. Limitations on purposes and powers (REPEALED)

§957. Limitations on purposes and powers
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §4 (NEW). PL 1985, c. 344, §2 (AMD). PL 1985, c. 714, §3 (AMD). PL 1987, c. 854, §§1,5 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 109: MAINE NATURAL RESOURCE CAPITAL COMPANY (REPEALED) › 10 §958. Initial organization (REPEALED)

§958. Initial organization
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §4 (NEW). PL 1983, c. 553, §46 (AMD). PL 1985, c. 344, §3 (RPR). PL 1987, c. 854, §§1,5 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 109: MAINE NATURAL RESOURCE CAPITAL COMPANY (REPEALED) › 10 §959. Subscription and sales of stock; first stockholders meeting (REPEALED)

§959. Subscription and sales of stock; first stockholders meeting
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §4 (NEW). PL 1985, c. 344, §4 (RPR). PL 1985, c. 714, §4 (AMD). PL 1987, c. 854, §§1,5 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §961. Finance Authority of Maine Act

§961. Finance Authority of Maine Act
This chapter shall be known and may be cited as the "Finance Authority of Maine Act."   [PL 1983, c. 519, §6 (NEW).]
SECTION HISTORY
PL 1983, c. 519, §6 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §963. Definitions (REPEALED)

§963. Definitions
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 1985, c. 344, §6 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §964. Organization and responsibility

§964. Organization and responsibility
1.  Finance Authority of Maine.
The Finance Authority of Maine is established as a body corporate and politic and a public instrumentality of the State, and the exercise by the authority of the powers conferred by this chapter shall be deemed and held to be the performance of essential governmental functions.
The Finance Authority of Maine shall be responsible for the administration of the:
A. Loan Insurance Program;   [PL 2003, c. 537, §13 (AMD); PL 2003, c. 537, §53 (AFF).]
B. Revenue Obligation Securities Program;   [PL 1983, c. 519, §6 (NEW).]
C. Municipal Securities Approval Program;   [PL 1983, c. 519, §6 (NEW).]
D.   [PL 2003, c. 537, §14 (RP); PL 2003, c. 537, §53 (AFF).]
E.   [PL 2003, c. 537, §15 (RP); PL 2003, c. 537, §53 (AFF).]
F. Natural Resources Financing and Marketing Programs;   [PL 1985, c. 344, §8 (AMD).]
G. Maine Job-start Program;   [PL 1989, c. 559, §3 (AMD).]
H. Such other programs as the authority may by law be authorized to administer;   [PL 1989, c. 559, §3 (AMD); PL 1989, c. 774, §1 (AMD).]
I. Student financial assistance programs; and   [PL 1989, c. 559, §4 (NEW); PL 1989, c. 774, §2 (AMD).]
J. Waste oil furnace loan program.   [PL 1989, c. 774, §3 (NEW).]
[PL 2003, c. 537, §§13-15 (AMD); PL 2003, c. 537, §53 (AFF).]
2.  Divisions.
The Finance Authority of Maine contains such divisions as may be of assistance to implement the programs and perform the duties as defined in this chapter and as required by the authority. The divisions include:
A.   [PL 2001, c. 417, §4 (RP).]
B.   [PL 2001, c. 417, §4 (RP).]
C. Business Assistance;   [PL 2001, c. 417, §4 (AMD).]
D. Finance and Administration;   [PL 2001, c. 417, §4 (AMD).]
E. Education Assistance; and   [PL 2001, c. 417, §4 (AMD).]
F. Legal.   [PL 2001, c. 417, §4 (NEW).]
[PL 2001, c. 417, §4 (AMD).]
3.  Programs and policies.
In implementing its powers, duties, responsibilities and programs, the Finance Authority of Maine shall consider the state economic development strategy and the policies and activities of the Department of Economic and Community Development.
[PL 1987, c. 534, Pt. B, §§6, 23 (NEW).]
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 1985, c. 344, §§8,9 (AMD). PL 1987, c. 534, §§B6,B23 (AMD). PL 1989, c. 552, §5 (AMD). PL 1989, c. 559, §§3,4 (AMD). PL 1989, c. 598, §§2,3 (AMD). PL 1989, c. 698, §4 (AMD). PL 1989, c. 774, §§1-3 (AMD). PL 2001, c. 417, §4 (AMD). PL 2003, c. 537, §§13-15 (AMD). PL 2003, c. 537, §53 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §966. Terms of office

§966. Terms of office
The terms of office for the designated and at-large members defined in section 965, subsections 2 and 3, are for 4 years, except for initial appointees.   [PL 2001, c. 417, §7 (AMD).]
1.  Initial terms of office.
The initial terms of office shall apply to the initial designated and at-large appointees, as defined in section 965, subsections 2 and 3. The initial terms of office for these members shall be as follows:
A. One shall be appointed for one year;   [PL 1983, c. 519, §6 (NEW).]
B. Two shall be appointed for 2 years;   [PL 1983, c. 519, §6 (NEW).]
C. Two shall be appointed for 3 years; and   [PL 1983, c. 519, §6 (NEW).]
D. One shall be appointed for one year.   [PL 1983, c. 519, §6 (NEW).]
For purposes of determining eligibility for reappointment of the designated and at-large members, the initial appointments for one or 2 years, as described in paragraphs A and B, shall not be deemed to be full terms.
[PL 1983, c. 519, §6 (NEW).]
2.  Limitation on terms; removal.
Except for state members, a member of the authority shall serve no more than 2 full consecutive terms. Any member of the board may be removed by the Governor for cause.
[PL 1983, c. 519, §6 (NEW).]
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 2001, c. 417, §7 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §967. Compensation; expenses; indemnification (REPEALED)

§967. Compensation; expenses; indemnification
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 1983, c. 812, §§63,64 (AMD). PL 1985, c. 344, §14 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §967-A. Limitation of liability

§967-A. Limitation of liability
No member of the authority, no member of any board of the authority and no employee of the authority may be subject to any personal liability for having acted within the course and scope of his membership or employment to carry out any power or duty under this chapter. The authority shall indemnify any member of the authority, any member of any board of the authority and any employee of the authority against expenses actually and necessarily incurred by him in connection with the defense of any action or proceeding in which he is made a party by reason of past or present association with the authority.   [PL 1985, c. 344, §15 (NEW).]
SECTION HISTORY
PL 1985, c. 344, §15 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §968. Administration

§968. Administration
The authority shall elect one of its members as chairman; one member as vice-chairman, who shall serve as secretary; one member as treasurer; and shall employ a chief executive officer.   [PL 1983, c. 519, §6 (NEW).]
SECTION HISTORY
PL 1983, c. 519, §6 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §969. Powers and duties of the authority (REPEALED)

§969. Powers and duties of the authority
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 1985, c. 344, §16 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §970. Insured or guaranteed loans for industrial projects (REPEALED)

§970. Insured or guaranteed loans for industrial projects
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §6 (NEW). PL 1985, c. 344, §18 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 1: FINANCE AUTHORITY OF MAINE ACT › 10 §970-A. Other mortgage insurance

§970-A. Other mortgage insurance
In carrying out the purposes of this chapter, the authority shall, to the greatest extent possible, require the utilization of private or other governmental sources of mortgage insurance or credit enhancement devices in order to assure the most effective and efficient use of state resources for mortgage insurance.   [PL 1985, c. 344, §19 (NEW).]
SECTION HISTORY
PL 1985, c. 344, §19 (NEW).