§11433. Chapter cumulative; no notice required
Neither this chapter nor anything contained in this chapter may be construed as a restriction or limitation upon any powers that the authority might otherwise have under any laws of this State and this chapter is cumulative of any such powers. Neither the making of contracts nor the issuance of bonds pursuant to this chapter need comply with the requirements of any other state law applicable to the making of contracts, the issuance of bonds or the construction, acquisition or management of any project undertaken pursuant to this chapter. No proceedings, notice or approval is required for the issuance of any bonds or any instrument as security therefor under this chapter, except as is provided in this chapter or in the code, if applicable. [PL 2015, c. 170, §26 (AMD); PL 2015, c. 170, §30 (AFF).]
SECTION HISTORY
PL 1987, c. 807, §3 (NEW). PL 2015, c. 170, §26 (AMD). PL 2015, c. 170, §30 (AFF).
Structure Maine Revised Statutes
Part 5: POST-SECONDARY EDUCATION
Chapter 417-A: MAINE EDUCATIONAL LOAN PROGRAM
20-A §11411. Maine Educational Loan Program
20-A §11412. Declaration of necessity and purpose
20-A §11414. Finance Authority of Maine; successor
20-A §11415. Members (REPEALED)
20-A §11416. Officers; quorum; effective actions (REPEALED)
20-A §11417. Supplemental powers and functions
20-A §11418. Records confidential
20-A §11419. Conflict of interest (REPEALED)
20-A §11422. Loan transactions
20-A §11423. Trust agreement; pledge
20-A §11424. Capital reserve funds; obligation of the State
20-A §11425. Enforcement of rights and duties
20-A §11426. Bonds as legal investments
20-A §11427. Accounts and reports
20-A §11428. Chapter additional and supplemental
20-A §11430. Taxable bond option
20-A §11431. Agreement of the State
20-A §11432. Termination of existence of authority
20-A §11433. Chapter cumulative; no notice required