Maine Revised Statutes
Chapter 33: MAINE GOVERNMENTAL FACILITIES AUTHORITY
4 §1611. Tax exemption

§1611. Tax exemption
Securities issued under this Act shall be considered to constitute a proper public purpose and the securities so issued, their transfer and the income from the securities, including any profits made on the sale of the securities, at all times shall be exempt from taxation within the State.   [PL 1987, c. 438, §1 (NEW).]
SECTION HISTORY
PL 1987, c. 438, §1 (NEW).

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Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 4: JUDICIARY

Chapter 33: MAINE GOVERNMENTAL FACILITIES AUTHORITY

4 §1601. Short title

4 §1602. Maine Governmental Facilities Authority; members; compensation

4 §1603. Definitions

4 §1604. Powers

4 §1605. Leasing or renting property of the authority

4 §1606. Issuance of securities

4 §1607. Pledges and covenants; trust agreement

4 §1608. Trust funds

4 §1609. Remedies

4 §1610. Revenue refunding securities

4 §1610-A. Additional securities

4 §1610-B. Additional securities

4 §1610-C. Additional securities

4 §1610-D. Additional securities

4 §1610-E. Additional securities; compliance with federal law

4 §1610-F. Additional securities

4 §1610-G. Additional securities; judicial branch

4 §1610-H. Additional securities

4 §1610-I. Additional securities; judicial branch

4 §1610-J. Additional securities for capital construction, repairs and improvements (REALLOCATED FROM TITLE 4, SECTION 1610-I)

4 §1610-K. Additional securities for capital repairs and improvements and hazardous waste cleanup (REALLOCATED FROM TITLE 4, SECTION 1610-J)

4 §1610-L. Additional securities

4 §1610-M. Additional securities for state-owned facility repair, improvement and construction and hazardous waste cleanup on state-owned property

4 §1610-N. Additional securities; career and technical education centers and regions (REALLOCATED FROM TITLE 4, SECTION 1610-M) (REPEALED)

4 §1611. Tax exemption

4 §1612. Governmental functions

4 §1613. Liberal construction

4 §1614. Securities as legal investment

4 §1615. Conflicts

4 §1616. Actions against authority

4 §1617. Contract of State

4 §1618. Credit of State not pledged

4 §1619. Gifts and contributions

4 §1620. Continuing disclosure