§13210. Termination of corporation
The corporation is not dissolved until: [PL 2021, c. 631, §1 (NEW).]
1. Legislature provides for termination. It is terminated by the Legislature; and
[PL 2021, c. 631, §1 (NEW).]
2. Payment of bonds, premium 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 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