Maine Revised Statutes Title 20-A Sec. 11456 – Act cumulative; no notice required
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Terms Used In Maine Revised Statutes Title 20-A Sec. 11456
- Authority: means the Finance Authority of Maine established in Title 10, section 961 and its successors or assigns. See Maine Revised Statutes Title 20-A Sec. 11442
- Bonds: includes bonds, notes, refunding bonds, commercial paper, pass-through instruments or any other evidences of obligations of the authority issued under this chapter. See Maine Revised Statutes Title 20-A Sec. 11442
- Code: means the United States Internal Revenue Code of 1986, as amended. See Maine Revised Statutes Title 20-A Sec. 11442
Nothing in this chapter may be construed as a restriction or limitation upon any powers that the authority might otherwise have under any laws of this State and this chapter is cumulative of any such powers. Neither the making of contracts nor the issuance of bonds pursuant to this chapter need comply with the requirements of any other state law applicable to the making of contracts, the issuance of bonds or the construction, acquisition or management of any project undertaken pursuant to this chapter. No proceedings, notice or approval is required for the issuance of any bonds or any instrument as security therefor, except as is provided in this chapter or in the code, if applicable. [PL 1991, c. 603, §6 (NEW).]
SECTION HISTORY
PL 1991, c. 603, §6 (NEW).