reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4: MUNICIPAL SECURITIES APPROVAL PROGRAM › 10 §1074-C. Allocation of certain national bond limitations

§1074-C. Allocation of certain national bond limitations
To the extent permitted by federal law, the Governor may establish by executive order a procedure for the reallocation of any allocation of a portion of a national bond limitation to the State or to any issuer or governmental entity within the State pursuant to 26 United States Code, Sections 54D, 54E, 54F and 1400U-1 and for the reallocation of any portion of a national bond limitation that is not used within the applicable time period specified in federal law or that has been waived by an issuer or governmental entity within the State, except that allocation of the national recovery zone facility bond limitation established pursuant to 26 United States Code, Section 1400U-1, as amended, and as described in Internal Revenue Service Notice 2009-50, Section 6.03, must be carried out pursuant to section 1074-A, and the allocation of the national qualified energy conservation bond volume limitation established pursuant to 26 United States Code, Section 54D, as amended, and as described in Internal Revenue Service Notice 2009-29, Section 4 must be carried out pursuant to section 1074-B and Title 30-A, section 5953-F.   [PL 2009, c. 517, §13 (NEW).]
SECTION HISTORY
PL 2009, c. 517, §13 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4-A: FAMILY DEVELOPMENT ACCOUNT PROGRAM › 10 §1075. Definitions (REPEALED)

§1075. Definitions
(REPEALED)
SECTION HISTORY
PL 1997, c. 518, §2 (NEW). PL 2019, c. 239, §3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4-A: FAMILY DEVELOPMENT ACCOUNT PROGRAM › 10 §1076. Family development account program (REPEALED)

§1076. Family development account program
(REPEALED)
SECTION HISTORY
PL 1997, c. 518, §2 (NEW). PL 2001, c. 417, §16 (AMD). PL 2019, c. 239, §3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4-A: FAMILY DEVELOPMENT ACCOUNT PROGRAM › 10 §1077. Withdrawal of funds (REPEALED)

§1077. Withdrawal of funds
(REPEALED)
SECTION HISTORY
PL 1997, c. 518, §2 (NEW). PL 2019, c. 239, §3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4-A: FAMILY DEVELOPMENT ACCOUNT PROGRAM › 10 §1078. No reduction in benefits (REPEALED)

§1078. No reduction in benefits
(REPEALED)
SECTION HISTORY
PL 1997, c. 518, §2 (NEW). PL 2019, c. 239, §3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 4-A: FAMILY DEVELOPMENT ACCOUNT PROGRAM › 10 §1079. Advisory committee (REPEALED)

§1079. Advisory committee
(REPEALED)
SECTION HISTORY
PL 1997, c. 518, §2 (NEW). PL 1999, c. 475, §1 (AMD). PL 1999, c. 475, §7 (AFF). PL 1999, c. 628, §1 (AMD). PL 2001, c. 417, §17 (AMD). PL 2003, c. 689, §B6 (REV). PL 2005, c. 4, §§1,2 (AMD). PL 2019, c. 239, §3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: COMMUNITY INDUSTRIAL BUILDINGS PROGRAM › 10 §1081. Powers of the authority under this program (REPEALED)

§1081. Powers of the authority under this program
(REPEALED)
SECTION HISTORY
PL 1981, c. 168, §24 (AMD). PL 1981, c. 476, §2 (NEW). PL 1983, c. 519, §20 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: COMMUNITY INDUSTRIAL BUILDINGS PROGRAM › 10 §1082. Community Industrial Building Fund (REPEALED)

§1082. Community Industrial Building Fund
(REPEALED)
SECTION HISTORY
PL 1981, c. 476, §2 (NEW). PL 1983, c. 519, §20 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: COMMUNITY INDUSTRIAL BUILDINGS PROGRAM › 10 §1083. Assistance to development corporations (REPEALED)

§1083. Assistance to development corporations
(REPEALED)
SECTION HISTORY
PL 1981, c. 168, §24 (AMD). PL 1981, c. 476, §2 (NEW). PL 1981, c. 698, §68 (AMD). PL 1983, c. 519, §20 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1091. Credit of State pledged (REPEALED)

§1091. Credit of State pledged
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1092. Loan insurance fund (REPEALED)

§1092. Loan insurance fund
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1093. Additions to (REPEALED)

§1093. Additions to
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1094. Issuance of loans (REPEALED)

§1094. Issuance of loans
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 198, §2 (AMD). PL 1985, c. 344, §94 (RP). PL 1987, c. 402, §A90 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1095. Loan insurance premiums (REPEALED)

§1095. Loan insurance premiums
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1096. Acquisition and disposal of property (REPEALED)

§1096. Acquisition and disposal of property
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1097. Loans eligible for investment (REPEALED)

§1097. Loans eligible for investment
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1098. Less than full collateral for loans (REPEALED)

§1098. Less than full collateral for loans
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5: MAINE SMALL BUSINESS LOAN PROGRAM › 10 §1099. Safeguarding the fund (REPEALED)

§1099. Safeguarding the fund
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §20 (NEW). PL 1985, c. 344, §94 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 5-A: WASTE OIL FURNACE LOAN PROGRAM › 10 §1099-A. Definitions

§1099-A. Definitions
As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 1989, c. 774, §4 (NEW).]
1.  Authority.
"Authority" means the Finance Authority of Maine.
[PL 1989, c. 774, §4 (NEW).]
2.  Effective interest rate.
"Effective interest rate" means an annual percentage interest rate paid by the borrower.
[PL 1989, c. 774, §4 (NEW).]
3.  Eligible entity.
"Eligible entity" means any person, business, corporation, association, firm, partnership, municipality or other organization located in the State but does not include any agency of the State.
[PL 1991, c. 255, §1 (RPR).]
4.  Fund.
"Fund" means the Waste Oil Furnace Loan Fund established by this subchapter.
[PL 1989, c. 774, §4 (NEW).]
5.  NFPA.
"NFPA" means the National Fire Protection Association.
[PL 1989, c. 774, §4 (NEW).]
6.  Program.
"Program" means the Waste Oil Furnace Loan Program established by this subchapter.
[PL 1989, c. 774, §4 (NEW).]
7.  Properly installed.
"Properly installed" means a boiler or furnace installed in accordance with NFPA Standard 31 or subsequent NFPA installation standards adopted by the Maine Fuel Board.
[PL 2013, c. 300, §3 (AMD).]
8.  Qualified boiler or furnace.
"Qualified boiler or furnace" means any new or replacement boiler or furnace fueled wholly or in part by waste oil that produces energy for space heating or cooling or for use in a manufacturing process and is listed by the Maine Fuel Board as a waste oil boiler or furnace.
[PL 2013, c. 300, §4 (AMD).]
9.  Waste oil.
"Waste oil" means a petroleum-based oil that, through use or handling, has become unsuitable for its original purpose due to the presence of impurities or the loss of original properties. Waste oil includes, but is not limited to, the following:
A. Automotive crankcase and lubricating oils;   [PL 1989, c. 774, §4 (NEW).]
B. Industrial lubricating oils including metal working oils, railroad and marine oils and turbine lubricating oils;   [PL 1989, c. 774, §4 (NEW).]
C. Industrial nonlubricating oils including hydraulic, transmission, and quenching oils, and transformer oils with polychlorinated biphenyl concentrations less than 50 parts per million;   [PL 1989, c. 774, §4 (NEW).]
D. Oil recovered from oil tank cleaning operations and deballasting operations; and   [PL 1989, c. 774, §4 (NEW).]
E. Oil spilled on land or water.   [PL 1989, c. 774, §4 (NEW).]
Waste oil does not include oily waste debris generated during the cleanup of oil spills, water residue generated from oil and water separation processes at waste oil facilities or mineral spirits having a flash point less than 140° Fahrenheit.
[PL 1989, c. 774, §4 (NEW).]
SECTION HISTORY
PL 1989, c. 774, §4 (NEW). PL 1991, c. 255, §1 (AMD). PL 2013, c. 300, §§3, 4 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-A. Organization of loan board (REPEALED)

§1100-A. Organization of loan board
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1983, c. 812, §66 (AMD). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-B. Powers (REPEALED)

§1100-B. Powers
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-C. Credit of the State pledged (REPEALED)

§1100-C. Credit of the State pledged
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-D. Loan insurance fund (REPEALED)

§1100-D. Loan insurance fund
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-E. Additions to (REPEALED)

§1100-E. Additions to
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-F. Insurance of loans (REPEALED)

§1100-F. Insurance of loans
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-G. Loan insurance premiums (REPEALED)

§1100-G. Loan insurance premiums
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-H. Acquisition and disposal of property (REPEALED)

§1100-H. Acquisition and disposal of property
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-I. Loans eligible for investment (REPEALED)

§1100-I. Loans eligible for investment
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-J. Less than full collateral for loans (REPEALED)

§1100-J. Less than full collateral for loans
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-K. Safeguarding the fund (REPEALED)

§1100-K. Safeguarding the fund
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 6: MAINE VETERANS' SMALL BUSINESS LOAN PROGRAM › 10 §1100-L. Accounts (REPEALED)

§1100-L. Accounts
(REPEALED)
SECTION HISTORY
PL 1983, c. 519, §21 (NEW). PL 1985, c. 344, §95 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 7: MAINE JOB-START PROGRAM › 10 §1100-M. Authorization

§1100-M. Authorization
The Finance Authority of Maine may administer a statewide program to make low interest loans to stimulate the development and expansion of small business in this State pursuant to contracts between the authority and local community action agencies designated under Title 22, chapter 1477. This program is known as the Maine Job-start Program or the Maine Job-start Micro Enterprise Loan Program.   [PL 1993, c. 214, §1 (AMD).]
SECTION HISTORY
PL 1983, c. 856, §4 (NEW). PL 1993, c. 214, §1 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 7: MAINE JOB-START PROGRAM › 10 §1100-O. Revolving loan fund

§1100-O. Revolving loan fund
1.  Creation of fund.
A Job-start Revolving Loan Fund is established by the authority for the job-start program. The fund contains appropriations provided for that purpose and all repayments of principal and interest of loans under this subchapter and interest earned by the fund prior to its allocation for individual loans. The fund may be divided into separate revolving loan funds to be administered by community action agencies upon approval by the authority. Each separate fund must contain all repayments of principal and interest for loans made from that fund and interest earned by the fund. Interest and principal payments required by loan defaults are charged to the fund to which repayments are applied. The authority has sole responsibility for the allocation and distribution of the original fund and for appropriations and repayments applied to the original fund. Each community action agency has responsibility for the allocation and distribution of the portion of the fund allocated to its separate revolving loan fund. Any funds appropriated for this purpose may not lapse, but must remain available for the purposes set forth in this subchapter.
[PL 1993, c. 214, §8 (AMD).]
2.  Administrative expenses.
All interest earned by the fund, either by means of investment or loan payments, is available to the authority or the community action agency administering that separate revolving loan fund to which the interest is attributable. The authority or the community action agency shall allocate these funds primarily for administrative and counseling services. Beginning in fiscal year 1990-91, the authority may allocate up to $10,000 of administrative program funds for each agency with which it contracts under section 1100-N for expenses incurred by the authority under this program.
[PL 1993, c. 214, §8 (AMD).]
3.  Deposited with authority or invested.
Moneys in the fund, not needed currently to meet the obligations of the authority, as provided for in this subchapter, shall be deposited with the authority to the credit of the fund or may be invested in such manner as is provided for by statute.
[PL 1983, c. 856, §4 (NEW).]
SECTION HISTORY
PL 1983, c. 856, §4 (NEW). PL 1989, c. 857, §50 (AMD). PL 1993, c. 214, §8 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 7: MAINE JOB-START PROGRAM › 10 §1100-P. Reports

§1100-P. Reports
1.  Regional.
Each community action agency job-start program shall file the reports as required by the authority.
[PL 1983, c. 856, §4 (NEW).]
2.  Authority.
The authority shall file a report showing the balance of each Job-start Revolving Loan Fund, the status of all outstanding loans and a report on all other program activities as part of the annual report required by section 974.
[PL 1993, c. 214, §9 (AMD).]
SECTION HISTORY
PL 1983, c. 856, §4 (NEW). PL 1993, c. 214, §9 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 8: MAINE OPPORTUNITY ZONE JOB GRANTS PROGRAM › 10 §1100-S. Job grants program (REPEALED)

§1100-S. Job grants program
(REPEALED)
SECTION HISTORY
PL 1987, c. 542, §§I4,I6 (NEW). PL 1987, c. 769, §A46 (AMD). PL 1989, c. 915, §9 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 10: MEDICAL TRAINING ASSISTANCE › 10 §1100-U. Definitions (REPEALED)

§1100-U. Definitions
(REPEALED)
SECTION HISTORY
PL 1991, c. 545, §2 (NEW). PL 1991, c. 830, §2 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 10: MEDICAL TRAINING ASSISTANCE › 10 §1100-V. Authorization; Maine Primary Care Residency Training Assistance Program (REPEALED)

§1100-V. Authorization; Maine Primary Care Residency Training Assistance Program
(REPEALED)
SECTION HISTORY
PL 1991, c. 545, §2 (NEW). PL 1991, c. 830, §2 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 10: MEDICAL TRAINING ASSISTANCE › 10 §1100-W. Administration (REPEALED)

§1100-W. Administration
(REPEALED)
SECTION HISTORY
PL 1991, c. 545, §2 (NEW). PL 1991, c. 830, §2 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 10: MEDICAL TRAINING ASSISTANCE › 10 §1100-X. Advisory committee (REPEALED)

§1100-X. Advisory committee
(REPEALED)
SECTION HISTORY
PL 1991, c. 545, §2 (NEW). PL 1991, c. 830, §2 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 11: EDUCATIONAL ATTAINMENT AND RECRUITMENT TAX CREDITS › 10 §1100-Y. Educational attainment and recruitment tax credits (REPEALED)

§1100-Y. Educational attainment and recruitment tax credits
(REPEALED)
SECTION HISTORY
RR 2001, c. 2, §A13 (COR). PL 2001, c. 700, §1 (NEW). PL 2003, c. 20, §§DD1,2 (AMD). PL 2003, c. 20, §DD7 (AFF). PL 2003, c. 451, §§JJ1,2 (AMD). PL 2003, c. 473, §§1-3 (AMD). PL 2005, c. 12, §§Q1,2 (AMD). PL 2007, c. 1, Pt. O, §§1, 2 (AMD). PL 2007, c. 1, Pt. O, §9 (AFF). PL 2009, c. 434, §2 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-BB. Definitions (REPEALED)

§1100-BB. Definitions
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-CC. Loan Guarantee Program established (REPEALED)

§1100-CC. Loan Guarantee Program established
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-DD. Eligibility of affected employees; loan terms; process (REPEALED)

§1100-DD. Eligibility of affected employees; loan terms; process
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-EE. Loan guarantee (REPEALED)

§1100-EE. Loan guarantee
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-FF. Duties and powers of authority (REPEALED)

§1100-FF. Duties and powers of authority
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 2: BUILDING AND DEVELOPMENT › Chapter 110: FINANCE AUTHORITY OF MAINE › Subchapter 14: LOAN GUARANTEE PROGRAM › 10 §1100-GG. Termination of program; repeal (REPEALED)

§1100-GG. Termination of program; repeal
(REPEALED)
SECTION HISTORY
PL 2019, c. 617, Pt. I, §2 (NEW). MRSA T. 10 §1100-GG, sub-§3 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1101. Contracts in restraint of trade

§1101. Contracts in restraint of trade
Every contract, combination in the form of trusts or otherwise, or conspiracy, in restraint of trade or commerce in this State is declared to be illegal. Whoever makes any such contract or engages in any such combination or conspiracy is guilty of a Class C crime.   [PL 2003, c. 46, §1 (AMD).]
SECTION HISTORY
PL 1973, c. 489, §1 (AMD). PL 1977, c. 175, §1 (AMD). PL 2003, c. 46, §1 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1102. Conspiracies to monopolize trade

§1102. Conspiracies to monopolize trade
Whoever shall monopolize or attempt to monopolize or combine or conspire with any other person or persons to monopolize any part of the trade or commerce of this State shall be guilty of a Class C crime.   [PL 1977, c. 175, §2 (RPR).]
SECTION HISTORY
PL 1977, c. 175, §2 (RPR).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1102-A. Acquisition of assets of person engaged in commerce which tends to create a monopoly

§1102-A. Acquisition of assets of person engaged in commerce which tends to create a monopoly
No person engaged in commerce in this State may acquire, directly or indirectly, the whole or any part of the stock or other share capital, or the whole of any part of the assets of another person also engaged in commerce in this State, where in any line of commerce or any activity affecting commerce in any section of this State, the effect of the acquisition or use of that share capital, or the acquisition of those assets, may be substantially to lessen competition or tend to create a monopoly.   [PL 1983, c. 340, §1 (NEW).]
This section does not apply to persons purchasing these stocks solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition, nor may anything contained in this section prevent a corporation from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions thereof, or from owning and holding all or a part of the stock of those subsidiary corporations, if the effect of that formation is not to substantially lessen competition.   [PL 1983, c. 340, §1 (NEW).]
This section does not apply to the acquisition of stock, share capital or assets of a public utility when the acquisition has been approved by the Public Utilities Commission.   [PL 1983, c. 340, §1 (NEW).]
Any financial institution subject to the provisions of Title 9‑B is exempt from this section.   [PL 1983, c. 340, §1 (NEW).]
SECTION HISTORY
PL 1983, c. 340, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1103. Immunity of witnesses from prosecution (REPEALED)

§1103. Immunity of witnesses from prosecution
(REPEALED)
SECTION HISTORY
PL 1991, c. 137, §1 (RP).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1106. Profiteering in rents

§1106. Profiteering in rents
Whoever demands or collects an unreasonable or unjust rent or charge, taking into due consideration the actual market value of the property at the time, with a fair return thereon, or imposes an unreasonable or unjust term or condition, for the occupancy of a mobile home park lot or of any building or any part thereof, rented or hired for dwelling purposes, shall be punished by a fine of not more than $1,000 or by imprisonment for not more than 11 months, or by both.   [PL 1983, c. 148 (AMD).]
SECTION HISTORY
PL 1983, c. 148 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1107. Investigation by Attorney General

§1107. Investigation by Attorney General
The Attorney General upon the Attorney General's own initiative or upon petition of 50 or more citizens of this State, shall investigate all seeming violations of sections 1102‑A and 1105 to 1107, all contracts, combinations or conspiracies in restraint of trade or commerce, and all monopolies, and may require, by summons, the attendance and testimony of witnesses and the production of books and papers before the Attorney General relating to any such matter under investigation. The summons must be served in the same manner as summons for witnesses in criminal cases, and all provisions of law relating thereto apply to summonses issued under this section so far as they are applicable. All investigations or hearings thereunder or connected therewith to which witnesses are summoned or called upon to testify or to produce books, records or correspondence are confidential and must be held in the county where the act to be investigated is alleged to have been committed, or if the investigation is on petition it must be held in the county in which the petitioners reside. Books, records or correspondence produced in response to a summons issued under this section may be disclosed by the Attorney General with the consent of the producing party and in court pleadings or other papers filed in court. The expense of such investigation must be paid from the appropriation provided by Title 5, section 203.   [PL 2021, c. 182, §1 (AMD).]
If, upon investigation, it appears to the Attorney General that the laws of this State, including sections 1102-A or 1105 to 1107, have been violated in any respect, the Attorney General shall prosecute the guilty parties and present all available information bearing upon such apparent violation to the proper prosecuting officer of the United States.   [PL 1991, c. 137, §4 (AMD).]
Any Justice of the Superior Court may by order, upon application of the Attorney General, compel the attendance of witnesses, the production of books and papers, including correspondence, and the giving of testimony, before the Attorney General in the same manner and to the same extent as before the Superior Court. Any failure to obey such order may be punishable by such court as a contempt.   [PL 1991, c. 137, §4 (AMD).]
SECTION HISTORY
PL 1977, c. 175, §4 (AMD). PL 1991, c. 137, §4 (AMD). PL 2021, c. 182, §1 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1108. Final judgment or decree as prima facie evidence

§1108. Final judgment or decree as prima facie evidence
A final judgment or decree hereafter rendered in any civil or criminal proceeding brought by or on behalf of the State under the antitrust laws to the effect that a defendant has violated these laws shall be prima facie evidence against the defendant in any action or proceeding brought by any party against that defendant under such laws as to matters respecting which that judgment or decree would be an estoppel as between the parties thereto; provided that this section shall not apply to consent judgments or decrees entered before any testimony has been taken. Nothing contained in this section may be construed to impose any limitation on the application of collateral estoppel.   [PL 1983, c. 340, §3 (NEW).]
SECTION HISTORY
PL 1983, c. 340, §3 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201: MONOPOLIES AND PROFITEERING › 10 §1109. Acquisition of gasoline and heating oil assets

§1109. Acquisition of gasoline and heating oil assets
1.  Definitions.
As used in this section, unless the context otherwise indicates, the following terms have the following meanings.
A. "Gasoline sales" means the retail sale of internal combustion fuel for motor vehicles as defined in Title 29‑A, section 101, subsection 42.   [PL 1995, c. 65, Pt. A, §13 (AMD); PL 1995, c. 65, Pt. A, §153 (AFF); PL 1995, c. 65, Pt. C, §15 (AFF).]
B. "Heating oil sales" means the retail sale of #2 fuel oil used for heating residential, industrial or commercial space or water.   [PL 1991, c. 488 (NEW).]
[PL 1995, c. 65, Pt. A, §13 (AMD); PL 1995, c. 65, Pt. A, §153 (AFF); PL 1995, c. 65, Pt. C, §15 (AFF).]
2.  Prohibition.
A person may not acquire, directly or indirectly, from a business engaged in gasoline sales or heating oil sales in this State, without prior notice as required under subsection 3:
A. Controlling stock; or   [PL 1989, c. 750 (NEW).]
B. Substantial assets that include those used in gasoline sales or heating oil sales.   [PL 1991, c. 488 (AMD).]
[PL 1991, c. 488 (AMD).]
3.  Report.
The person acquiring stock or assets under subsection 2 shall provide notice of this acquisition to the Department of the Attorney General at least 30 days prior to the date of acquisition. That period may be shortened with the consent of the Attorney General.
[PL 1991, c. 488 (AMD).]
4.  Confidentiality.
Information received by the Department of the Attorney General as a result of this reporting requirement is confidential.
[PL 1993, c. 719, §2 (AMD); PL 1993, c. 719, §12 (AFF).]
5.  Penalty.
Violation of this section is a civil violation for which a civil penalty not to exceed $10,000 may be assessed.
[PL 1989, c. 750 (NEW).]
SECTION HISTORY
PL 1989, c. 750 (NEW). PL 1991, c. 488 (AMD). PL 1993, c. 719, §2 (AMD). PL 1993, c. 719, §12 (AFF). PL 1995, c. 65, §A13 (AMD). PL 1995, c. 65, §§A153,C15 (AFF).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1111. Definitions

§1111. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 1993, c. 461, §1 (NEW).]
1.  Billing period.
"Billing period" means the time period for payment agreed to by 2 parties or, in the absence of an agreement, the calendar month within which work is performed.
[PL 1993, c. 461, §1 (NEW).]
2.  Construction contract.
"Construction contract" means any agreement, whether written or oral, to perform or to supply materials for work on any real property.
[PL 1993, c. 461, §1 (NEW).]
3.  Contractor.
"Contractor" means a person or entity that contracts with an owner to perform work on real property.
[PL 1993, c. 461, §1 (NEW).]
4.  Delivery.
"Delivery" means receipt by addressee, including, but not limited to, by first class, registered or certified mail, or by hand delivery or transmitted by facsimile machine. Properly addressed mail is deemed delivered 3 days from the day it was sent.
[PL 1993, c. 461, §1 (NEW).]
5.  Material supplier.
"Material supplier" means any person or entity that has furnished or contracted to furnish materials or supplies in connection with a construction contract.
[PL 1993, c. 461, §1 (NEW).]
6.  Owner.
"Owner" means a person or entity having an interest in real property on which work is performed or to which materials for performing work are delivered, if the person or entity has agreed to or requested that work. "Owner" includes successors in interest of the owner and agents of the owner acting within their authority. "Owner" also includes the State and instrumentalities and subdivisions of the State including municipalities, school districts and school administrative districts having an interest in that real property.
[PL 1993, c. 461, §1 (NEW).]
7.  Real property.
"Real property" means real estate, including lands, leaseholds, tenements and hereditaments and improvements placed on real estate.
[PL 1993, c. 461, §1 (NEW).]
8.  Subcontractor.
"Subcontractor" means any person or entity that has contracted to perform work for or provide services to a contractor or another subcontractor in connection with a construction contract.
[PL 1993, c. 461, §1 (NEW).]
9.  Work.
"Work" means to build, alter, repair or demolish any improvement on, connected with or beneath the surface of any real property, or to excavate, clear, grade, fill or landscape any real property, to construct driveways, private roadways, highways and bridges, drilled wells, septic systems, sewage systems or utilities, to furnish materials for any of those purposes or to perform labor upon real property. "Work" also includes any design or other professional or skilled services rendered by architects, engineers, land surveyors, landscape architects and construction engineers.
[PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1112. Application

§1112. Application
This chapter does not apply to contracts entered into by the Department of Transportation.   [PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1113. Owner's payment obligations

§1113. Owner's payment obligations
Payment to a contractor for work is subject to the following terms.   [PL 1993, c. 461, §1 (NEW).]
1.  Contractual agreements.
The owner shall pay the contractor strictly in accordance with the terms of the construction contract.
[PL 1993, c. 461, §1 (NEW).]
2.  Invoices.
If the construction contract does not contain a provision governing the terms of payment, the contractor may invoice the owner for progress payments at the end of the billing period. The contractor may submit a final invoice for payment in full upon completion of the agreed upon work.
[PL 1993, c. 461, §1 (NEW).]
3.  Invoice payment terms.
Except as otherwise agreed, payment of interim and final invoices is due from the owner 20 days after the end of the billing period or 20 days after delivery of the invoice, whichever is later.
[PL 1993, c. 461, §1 (NEW).]
4.  Delayed payments.
Except as otherwise agreed, if any progress or final payment to a contractor is delayed beyond the due date established in subsection 3, the owner shall pay the contractor interest on any unpaid balance due beginning on the 21st day, at an interest rate equal to that specified in Title 14, section 1602‑C.
[PL 2003, c. 460, §1 (AMD).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW). PL 2003, c. 460, §1 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1114. Contractor's and subcontractor's payment obligations

§1114. Contractor's and subcontractor's payment obligations
Payment to a subcontractor for work is subject to the following conditions.   [PL 1993, c. 461, §1 (NEW).]
1.  Contractual agreements.
The contractor or subcontractor shall pay a subcontractor or material supplier strictly in accordance with the terms of the subcontractor's or material supplier's contract.
[PL 1993, c. 461, §1 (NEW).]
2.  Disclosure.
Notwithstanding any contrary agreement, a contractor or subcontractor shall disclose to a subcontractor or material supplier the due date for receipt of payments from the owner before a contract between those parties is entered. Notwithstanding any other provision of this chapter, if a contractor or subcontractor fails to accurately disclose the due date to a subcontractor or material supplier, the contractor or subcontractor is obligated to pay the subcontractor or material supplier as though the 20-day due dates in section 1113, subsection 3 were met.
[PL 2001, c. 471, Pt. A, §13 (AMD).]
3.  Invoices.
Notwithstanding any contrary agreement, when a subcontractor or material supplier has performed in accordance with the provisions of a contract, a contractor shall pay to the subcontractor or material supplier, and each subcontractor shall in turn pay to its subcontractors or material suppliers, the full or proportional amount received for each subcontractor's work and materials based on work completed or service provided under the subcontract, 7 days after receipt of each progress or final payment or 7 days after receipt of the subcontractor's or material supplier's invoice, whichever is later.
[PL 1993, c. 461, §1 (NEW).]
4.  Delayed payments.
Notwithstanding any contrary agreement, if any progress or final payment to a subcontractor or material supplier is delayed beyond the due date established in subsection 2 or 3, the contractor or subcontractor shall pay its subcontractor or material supplier interest on any unpaid balance due beginning on the next day, at an interest rate equal to that specified in Title 14, section 1602‑C.
[PL 2003, c. 460, §2 (AMD).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW). PL 2001, c. 471, §A13 (AMD). PL 2003, c. 460, §2 (AMD).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1115. Errors in documentation

§1115. Errors in documentation
1.  Invoice errors.
If an invoice is filled out incorrectly or incompletely or if there is any defect or impropriety in an invoice submitted, the owner, contractor or subcontractor must contact the person submitting the invoice in writing within 10 working days of receiving the invoice. If the contractor or subcontractor does not notify the person submitting the invoice within 10 days, the documentary errors are deemed waived.
[PL 1993, c. 461, §1 (NEW).]
2.  Timely payment requirements.
All timely payment requirements of this chapter apply, regardless of the dates invoices are corrected, whenever the person submitting the invoice has completed the work in a timely manner.
[PL 1993, c. 461, §1 (NEW).]
3.  New billing period.
If an error on the invoice is corrected by the person submitting the invoice, the date on which the corrected invoice is delivered is the end of the billing period.
[PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1116. Retainage

§1116. Retainage
1.  Payment.
If payments under a construction contract are subject to retainage, any amounts retained during the performance of the contract and due to be released to the contractor upon completion must be paid within 30 days after final acceptance of the work.
[PL 1993, c. 461, §1 (NEW).]
2.  Retainage for subcontractors.
If an owner is not withholding retainage for a subcontractor's work, a contractor may withhold retainage from its subcontractor or material supplier in accordance with their agreement. The retainage must be paid within 30 days of final acceptance of the work.
[PL 1993, c. 461, §1 (NEW).]
3.  Payment of retainage to subcontractors.
Notwithstanding any contrary agreement, a contractor shall pay to its subcontractors or material suppliers and each subcontractor shall in turn pay to its subcontractors or material suppliers, within 7 days after receipt of the retainage, the full amount due to each subcontractor or material supplier.
[PL 1993, c. 461, §1 (NEW).]
4.  Withholding retainage.
If a contractor or subcontractor unreasonably withholds acceptance of the work or materials or fails to pay retainage as required by this section, the owner, contractor or subcontractor is subject to the interest, penalty and attorney's fees provisions of this chapter.
[PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1117. Prepayment or advance payment

§1117. Prepayment or advance payment
This chapter in no way may be construed to prohibit an owner, contractor or subcontractor from making advance payments, progress payments or from prepaying if agreements or other circumstances make those payments appropriate. All such payments must be made promptly and are subject to the interest, penalty and other provisions of this chapter.   [PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1118. Disputes; penalties; attorney's fees

§1118. Disputes; penalties; attorney's fees
1.  Withholding payment.
Nothing in this chapter prevents an owner, contractor or subcontractor from withholding payment in whole or in part under a construction contract in an amount equalling the value of any good faith claims against an invoicing contractor, subcontractor or material supplier, including claims arising from unsatisfactory job progress, defective construction or materials, disputed work or 3rd-party claims.
[PL 1993, c. 461, §1 (NEW).]
2.  Penalty.
If arbitration or litigation is commenced to recover payment due under the terms of this chapter and it is determined that an owner, contractor or subcontractor has failed to comply with the payment terms of this chapter, the arbitrator or court shall award an amount equal to 1% per month of all sums for which payment has wrongfully been withheld, in addition to all other damages due and as a penalty.
[PL 1993, c. 461, §1 (NEW).]
3.  Wrongful withholding.
A payment is not deemed to be wrongfully withheld if it bears a reasonable relation to the value of any claim held in good faith by the owner, contractor or subcontractor against which an invoicing contractor, subcontractor or material supplier is seeking to recover payment.
[PL 1993, c. 461, §1 (NEW).]
4.  Attorney's fees.
Notwithstanding any contrary agreement, the substantially prevailing party in any proceeding to recover any payment within the scope of this chapter must be awarded reasonable attorney's fees in an amount to be determined by the court or arbitrator, together with expenses.
[PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1119. Contracts involving federal funds

§1119. Contracts involving federal funds
Notwithstanding any provision of this chapter, language at variance to the requirements of this chapter may be included in contracts when that variance is required by any law, regulation or grant agreement conditioning the receipt or expenditure of federal aid.   [PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 201-A: CONSTRUCTION CONTRACTS › 10 §1120. Owner exclusion

§1120. Owner exclusion
This chapter does not apply to contracts for the purchase of materials by a person performing work on that person's own real property.   [PL 1993, c. 461, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 461, §1 (NEW).
2023 Maine Revised Statutes › TITLE 10: COMMERCE AND TRADE › Part 3: REGULATION OF TRADE › Chapter 202: CONSUMER LOAN AND LEASE AGREEMENTS › 10 §1121. Purpose

§1121. Purpose
The purpose of this chapter is to enable the average consumer, who makes a reasonable effort under ordinary circumstances, to read and understand the terms of loan and lease documents without having to obtain the assistance of a professional.   [PL 1985, c. 763, Pt. A, §66 (AMD).]
SECTION HISTORY
PL 1979, c. 483 (NEW). PL 1985, c. 763, §A66 (AMD).