2005 Maine Code - §3203 — Profits from state-owned land


    In municipalities where the State owns land acquired through the use of federal aid funds under the United States Code, Title 16, Chapter 5-B, and upon which natural products are sold or leased, the State shall pay 50% of the net profits which it receives from the sale or lease of such natural products to the municipality in which the land is located. [1987, c. 737, Pt. A, §2 (new); Pt. C, §106 (new); 1989, c. 6 (amd); c. 9, §2 (amd); c. 104, Pt. C, §§8, 10 (amd).]


Section History:

PL 1987,  Ch. 737,   §A2,C106 (NEW).
PL 1989,  Ch. 6,   § (AMD).
PL 1989,  Ch. 9,   §2 (AMD).
PL 1989,  Ch. 104,   §C8,10 (AMD).

Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.