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2012 Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES (HEADING: PL 1987, c. 737, Pt. A, @2 (new))
Chapter 223: MUNICIPAL FINANCES
30-A §5705. Refinancing of the United States Farmers Home Administration loans


30-A ME Rev Stat § 5705 (2012 through 125th Legis) What's This?

Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

Subpart 9: FISCAL MATTERS HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

Subchapter 3: MUNICIPAL DEBT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

§5705. Refinancing of the United States Farmers Home Administration loans

For the period beginning January 1, 1988, and ending December 31, 1989, the municipal officers of any municipality or plantation may refinance any debt owed to the United States Farmers Home Administration without the approval of the municipality's or plantation's legislative body as long as the refinancing will result in a net savings to the municipality or plantation. [1989, c. 12, (NEW); 1989, c. 878, Pt. C, §47 (AMD).]

SECTION HISTORY

1989, c. 12, (NEW). 1989, c. 878, §C47 (AMD).

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