Maine Revised Statutes
Chapter 7: TREASURER OF STATE
5 §130. Payment of receipts into State Treasury

§130. Payment of receipts into State Treasury
Any public officer or any person, firm, association or corporation paying money into the State Treasury may make such payment by delivering to the Treasurer of State a check, draft, certificate of deposit or money order drawn, indorsed and payable to the Treasurer of State or his order, or may make such payment by delivering to the Treasurer of State the proper amount of lawful currency. The Treasurer of State shall keep a record of all drafts, checks, certificates of deposit, money orders and all cash received by him and upon receipt thereof shall forthwith cause the same to be placed to the credit of the State of Maine in some state depository. If any check, draft or certificate of deposit shall not be paid on presentation, the Treasurer of State shall proceed to collect the amount thereof, with costs, from the person drawing same. The Treasurer of State shall daily transmit to the State Controller a statement of all receipts into the State Treasury, giving such details thereof as the State Controller may require.   [PL 1979, c. 541, Pt. A, §20 (AMD).]
The State Government shall not be liable for any loss resulting from lack of diligence on the part of any depository in forwarding or failing to collect any draft, check or certificate of deposit, or for the loss of any such draft, check or certificate of deposit in the mails or otherwise.  
Any person who makes payment of an amount due to any state department, agency, board, commission, authority or other state entity is liable, if the payment fails as a result of insufficient funds, a closed account, no account or a similar reason, for a penalty of $20, which must be reported and paid to the Treasurer of State as undedicated revenue to the General Fund. The penalty provided by this section is in addition to any other penalties provided by law.   [PL 2007, c. 13, §1 (AMD).]
SECTION HISTORY
PL 1979, c. 541, §A20 (AMD). PL 1991, c. 622, §C (AMD). PL 2007, c. 13, §1 (AMD).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES

Part 1: STATE DEPARTMENTS

Chapter 7: TREASURER OF STATE

5 §121. Office; bond; salary; deputy; fees

5 §121-A. Transition period

5 §122. Conditions of bond; filing

5 §123. Bond premiums to be paid by State

5 §124. Governor may require new bond

5 §125. Personal use or receipt of money from treasury or credit prohibited

5 §126. -- Attorney General to prosecute violations

5 §127. Governor may hear complaints; removal from office

5 §128. Appointment of commissioner to fill vacancy (REPEALED)

5 §129. Inventory

5 §130. Payment of receipts into State Treasury

5 §131. Departmental collections

5 §131-A. Payment priority

5 §131-B. Interfund transfers

5 §132. Records; collections (REPEALED)

5 §133. Payments to be withheld and applied on accounts

5 §134. Money in depositories

5 §135. Deposit of state funds; limitations

5 §135-A. Establishment of other special revenue accounts

5 §136. Monthly exhibits

5 §137. Purchase of unmatured bonds of State

5 §138. Custody and servicing of securities; investment of trust funds; exceptions; prorations

5 §139. Disposal of money and securities

5 §139-A. --guaranty funds

5 §140. -- Restoration of permanent trust funds (REPEALED)

5 §141. -- "Reserve against future losses" account (REPEALED)

5 §142. -- investment of sinking funds

5 §143. Register of investments and Treasurer of State's report

5 §144. Form of unregistered bonds

5 §145. Registered bonds

5 §145-A. Minibonds

5 §145-B. Issuance of registered bonds; miscellaneous provisions

5 §145-C. Capital appreciation bonds

5 §146. Equivalent bond to be issued on assignment

5 §147. Cancellation and registry of old bonds

5 §148. Cremation of old bonds

5 §149. Signature of outgoing Treasurer of State valid

5 §150. Temporary loans by State

5 §150-A. Short-term borrowing in anticipation of federal transportation funds

5 §151. Funds of professional licensing boards

5 §151-A. Income from temporary investment of bonds

5 §152. Ratification of bond issue; signed statement

5 §153. Rules

5 §154. Services to nonstate agencies

5 §155. State liabilities

5 §156. Authorization to establish program; payments for MaineCare benefits prohibited

5 §157. Loan Guarantee Program Fund established