§10961. Governmental functions
The carrying out by the university of the powers and duties conferred upon it by this chapter shall be deemed to be the performance of an essential governmental function. Nothing contained in this chapter may in any way limit or restrict the powers and duties of the university that are granted to it, and nothing contained in this chapter may be construed to imply that the university did not possess any of the powers and duties granted under this chapter prior to the enactment of this chapter. This chapter shall in no way limit or restrict the power and authority of the State to borrow money for the benefit of the university. [PL 1987, c. 735, §14 (NEW).]
SECTION HISTORY
PL 1987, c. 735, §14 (NEW).
Structure Maine Revised Statutes
Part 5: POST-SECONDARY EDUCATION
Chapter 412: BORROWING AUTHORITY FOR THE UNIVERSITY OF MAINE SYSTEM
20-A §10950. Legislative findings of fact
20-A §10953. Assured revenues financing transactions
20-A §10954. Other financing transactions
20-A §10955. Terms of financing transactions
20-A §10956. Security for indebtedness; trust agreement
20-A §10959. Refunding indebtedness
20-A §10961. Governmental functions
20-A §10962. Liberal construction
20-A §10963. Evidences of indebtedness