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Terms Used In Maine Revised Statutes Title 5 Sec. 13083-D

  • Authority: means the Washington County Development Authority. See Maine Revised Statutes Title 5 Sec. 13083-B
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The authority may lease, sell or transfer property or interests in property owned by the authority. A person may not hold any pecuniary interest in property owned by the authority while that person is a member of the board of trustees. [PL 2005, c. 367, §6 (AMD).]
SECTION HISTORY

PL 2001, c. 568, §1 (NEW). PL 2005, c. 367, §6 (AMD).