2011 Maine Revised Statutes
TITLE 27: LIBRARIES, HISTORY, CULTURE AND ART
Chapter 1: STATE LIBRARY
27 §4-A. Revolving Fund
Subchapter 1: STATE LIBRARIAN
§4-A. Revolving Fund
1. Fund created. There is established within the Maine State Library a revolving fund for use by the library to replace books, documents or other materials that are damaged, lost or unrecoverable for which a charge is made.
[ 1981, c. 496, (NEW) .]
2. Price and rates. The State Librarian is authorized to fix the value of library items at current replacement costs plus a reasonable amount incurred in recovering these items.
[ 1981, c. 496, (NEW) .]
3. Income. Income received from subsection 2 shall be credited to the revolving fund to be used as a continuing carrying account to carry out the purposes of subsection 1.
[ 1981, c. 496, (NEW) .]
SECTION HISTORY
1981, c. 496, (NEW).
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.