§13204. Use of operating revenues
1. Principal use of revenues. Operating revenues must be used principally to reinvest in the properties held by the corporation.
[PL 2021, c. 631, §1 (NEW).]
2. Permitted liability limited. All expenses incurred in carrying out the provisions of this chapter must be paid solely from funds provided by the corporation, and liability or obligation may not be incurred under this chapter beyond the extent to which funds have been provided by the corporation.
[PL 2021, c. 631, §1 (NEW).]
3. Equal opportunity employers. Contractors and subcontractors on corporation construction and reconstruction projects must be equal opportunity employers and, for contracts of more than $250,000, shall pursue in good faith affirmative action programs as defined in section 782.
[PL 2021, c. 631, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 631, §1 (NEW).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Chapter 393: MAINE SPACE CORPORATION
5 §13201. Maine Space Corporation established
5 §13203. Maine Space Corporation; powers; board of directors; obligations
5 §13204. Use of operating revenues
5 §13205. Property of corporation
5 §13206. Maine Space Complex Fund
5 §13208. Interest of public officials, directors or employees
5 §13209. Exemption from execution