§13083-R. Termination of the authority
The authority is not dissolved until: [PL 2005, c. 599, §1 (NEW).]
1. Legislature provides for termination. It is terminated by the Legislature; and
[PL 2005, c. 599, §1 (NEW).]
2. Payment of bonds, premiums and interest. The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders.
[PL 2005, c. 599, §1 (NEW).]
SECTION HISTORY
PL 2005, c. 599, §1 (NEW).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
Subchapter 3: TOURISM AND COMMUNITY DEVELOPMENT
Article 2-B: MIDCOAST REGIONAL REDEVELOPMENT AUTHORITY
5 §13083-G. Midcoast Regional Redevelopment Authority established; goals
5 §13083-I. Midcoast Regional Redevelopment Authority; powers; membership; obligations
5 §13083-J. Use of operating revenues
5 §13083-K. Property of authority
5 §13083-L. Special utility districts
5 §13083-M. Other municipal powers
5 §13083-O. Interest of public officials, trustees or employees
5 §13083-P. Exemption from execution
5 §13083-R. Termination of the authority
5 §13083-S-1. Brunswick Naval Air Station Job Increment Financing Fund