Maine Revised Statutes
Chapter 7: TREASURER OF STATE
5 §151. Funds of professional licensing boards

§151. Funds of professional licensing boards
All money received by the Treasurer of State from those boards listed in section 12004‑A constitutes a fund for each board, which is a continuous carrying account for the payment of the compensation and expenses of the members and the expenses of the board and for executing the law relating to each board respectively and as much of the fund as may be required is appropriated for these purposes. All payments must be made from the respective funds held in the State Treasury, after the approval of the State Controller. In no event may these payments exceed the amounts received by the Treasurer of State from the treasurer of each respective board. Any balance remaining to the credit of any board at the end of any year must be carried forward to the next year.   [PL 1997, c. 393, Pt. B, §1 (RPR); PL 1997, c. 393, Pt. B, §2 (AFF).]
Whenever there shall accumulate in the State Treasury to the account of any board or commission charged with the duty of issuing licenses for the conduct of any profession, trade or business, sums of money in excess of the amount required properly to cover the expense of performing the duties imposed upon the board or commission in connection with the granting of licenses and the supervision of persons licensed, the board or commission, with the approval of the Governor, may suspend the payment or reduce the amount of any license fees fixed by law for any renewal until, in the opinion of the board or commission, it shall be necessary to collect the full amount established by law.   [PL 1987, c. 395, Pt. A, §16 (RPR).]
SECTION HISTORY
PL 1967, c. 253, §11 (AMD). PL 1967, c. 423, §2 (AMD). PL 1967, c. 544, §7 (AMD). PL 1971, c. 9 (AMD). PL 1971, c. 518, §1 (AMD). PL 1971, c. 622, §7 (AMD). PL 1973, c. 101, §2 (AMD). PL 1973, c. 558, §2 (AMD). PL 1975, c. 705, §1 (AMD). PL 1975, c. 771, §47 (AMD). PL 1979, c. 606, §1 (AMD). PL 1987, c. 395, §A16 (RPR). PL 1993, c. 600, §§B20-22 (AMD). PL 1995, c. 402, §A2 (AMD). PL 1995, c. 505, §2 (AMD). PL 1995, c. 505, §22 (AFF). PL 1997, c. 393, §B1 (AMD). PL 1997, c. 393, §B2 (AFF).

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