§1619. Receipt of federal appropriation money
The Treasurer of State may receive from the Federal Government any amount of money as appropriated, allocated, granted, turned over or in any way provided for the purposes of this subchapter. In connection with the financing of qualified transportation projects, these amounts must be credited to and deposited in the Federal Expenditures Fund and are available to the bank. [PL 2007, c. 329, Pt. P, §1 (NEW).]
SECTION HISTORY
PL 2007, c. 329, Pt. P, §1 (NEW).
Structure Maine Revised Statutes
Subchapter 3-A: GARVEE BONDING
23 §1612. GARVEE bonding authorized
23 §1613. Bank resolution; pledge; bond terms
23 §1614. Power and duty of the bank
23 §1615. Pledge of federal highway funds
23 §1616. Contracts are subject to continuing federal appropriations of federal transportation funds
23 §1618. Exception to prohibited acts and limitation of powers