2010 Maine Code
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
5 §13083-R. Termination of the authority
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Subchapter 3: TOURISM AND COMMUNITY DEVELOPMENT
§13083-R. Termination of the authority
The authority is not dissolved until: [2005, c. 599, §1 (NEW).]
1. Legislature provides for termination. It is terminated by the Legislature; and
[ 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.
[ 2005, c. 599, §1 (NEW) .]
SECTION HISTORY
2005, c. 599, §1 (NEW).
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