§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).
Structure Maine Revised Statutes
Part 2: BUILDING AND DEVELOPMENT
Chapter 107: MAINE DEVELOPMENT FOUNDATION; MAINE ECONOMIC GROWTH COUNCIL
10 §915. Legislative findings and intent
10 §919. Board of directors; officers
10 §922. Liability of officers, directors
10 §923. Prohibited interests of officers, directors and employees
10 §924. Donations to the State
10 §926. General conditions; dissolution
10 §929-A. Maine Economic Growth Council
10 §929-C. Research and development budgetary recommendations