§6006-E. Maine school facilities finance lease-purchase program
In addition to and in furtherance of any other assistance available to a school administrative unit in this chapter, the bank, in cooperation with the Department of Education, shall establish a lease-purchase program for buildings to be used by all school administrative units whose school facility lease-purchase payments receive reimbursement, subsidy or other payment from the State. For the purposes of this section, a lease-purchase program is a system for awarding leases for a school administrative unit pursuant to a competitive bidding process. [PL 1999, c. 81, §15 (AMD).]
SECTION HISTORY
PL 1997, c. 787, §13 (NEW). PL 1999, c. 81, §15 (AMD).
Structure Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES
Chapter 225: MAINE MUNICIPAL BOND BANK
Subchapter 3: FINANCIAL OPERATION
30-A §6003. Bonds and notes of the bank
30-A §6004. Resolutions and indentures
30-A §6006-A. Revolving loan fund
30-A §6006-B. Safe drinking water revolving loan fund
30-A §6006-C. Municipal lease finance program
30-A §6006-D. Municipal Investment Trust Fund
30-A §6006-E. Maine school facilities finance lease-purchase program
30-A §6006-F. School Revolving Renovation Fund
30-A §6006-G. TransCap Trust Fund
30-A §6006-H. State Water and Wastewater Infrastructure Fund
30-A §6008. Additional reserves and funds
30-A §6009. Application of money
30-A §6010. Purchase of bonds and notes of bank
30-A §6011. Bonds as legal investments and security
30-A §6013. Insurance or guaranty
30-A §6013-A. Maine Municipal Bond Insurance Fund
30-A §6014. Governmental unit intercept
30-A §6015. Undertakings of depositories
30-A §6016. Purchase of municipal securities
30-A §6017. Remedies on default of municipal securities
30-A §6018. Purchase of anticipation notes
30-A §6019. Agreements with financial institutions
30-A §6020. Form of municipal securities and investments
30-A §6021. Presumption of validity
30-A §6022. Exemption of property from execution sale