Maine Revised Statutes
Article 2-B: MIDCOAST REGIONAL REDEVELOPMENT AUTHORITY
5 §13083-R. Termination of the authority

§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).