There Is a Newer Version
of
the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 144: PAYMENT OF INVOICES RECEIVED FROM BUSINESS CONCERNS
5 §1551. Purpose
Universal Citation:
5 ME Rev Stat § 1551 (2012 through 125th Legis)
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Part 4: FINANCE
§1551. Purpose
The purpose of this chapter is to promote prompt payment of obligations incurred by agencies of State Government. It is the intent of the Legislature to prevent hardship for any business concern due to late payment of proper invoices for obligations incurred by state agencies. It is also the intent of the Legislature to encourage business concerns to provide prompt, dependable services and products of a high quality and at a reasonable cost to State Government. [1983, c. 655, (NEW).]
SECTION HISTORY
1983, c. 655, (NEW).
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