20-A §11405. Powers and duties - Maine Statutes

Title 20-A: EDUCATION

Part 5: POST-SECONDARY EDUCATION

Chapter 417: FEDERAL FINANCIAL ASSISTANCE PROGRAMS HEADING: PL 1989, C. 698, §13 (RPR)

Subchapter 1: LOAN INSURANCE PROGRAMS HEADING: PL 1989, C. 698, §13 (RPR)

§11405. Powers and duties

Under this subchapter, the chief executive officer may: [1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF).]

1. Agent. Choose a suitable agent or agents to administer in whole or in part the affairs and activities required by this subchapter or by applicable federal provisions; and

[ 1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF) .]

2. Agreements. Enter into agreements with the United States Secretary of Education relating to federal, state and private programs of low-interest insured loans to students in institutions of higher education, within the federal Higher Education Act of 1965, 20 United States Code, Chapter 28, Title IV, Part B, as amended.

[ 1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF) .]

3. Agreements.

[ 1989, c. 698, §13 (RP); 1989, c. 698, §76 (AFF) .]

SECTION HISTORY

1981, c. 693, §§5,8 (NEW). 1989, c. 698, §13 (RPR).