Maine Revised Statutes
Chapter 226: JOBS FOR MAINE'S GRADUATES
20-A §6906. Limitation of powers

§6906. Limitation of powers
The corporation 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 corporation 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 1993, c. 348, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 348, §1 (NEW).

Structure Maine Revised Statutes