§934. Loans
The county commissioners may obtain loans of money for the use of their county and cause notes, obligations or bonds, with coupons for lawful interest, to be issued for payment of the loans. These loans may not exceed $10,000, except in Franklin County and Aroostook County as provided in sections 935 and 935‑A and except to the extent authorized pursuant to Title 10, chapter 110, without first obtaining the consent of the county, substantially as provided in section 122 or by countywide referendum pursuant to section 938. [PL 2009, c. 517, §14 (AMD).]
SECTION HISTORY
PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD). PL 1991, c. 778, §1 (AMD). PL 1999, c. 717, §1 (AMD). PL 2009, c. 517, §14 (AMD).
Structure Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES
Chapter 3: COUNTY BUDGET AND FINANCES
Subchapter 2: COUNTY FISCAL MATTERS
Article 3: DEBTS AND BORROWING
30-A §931. Property taken for debt due from county
30-A §932. Anticipatory borrowing
30-A §935. Franklin County loans
30-A §935-A. Aroostook County loans
30-A §937. Financial statements required
30-A §938. Bond issue referendum election; conduct; public hearings