27 §4-A. Revolving Fund - Maine Statutes

Title 27: LIBRARIES, HISTORY, CULTURE AND ART

Chapter 1: STATE LIBRARY

Subchapter 1: STATE LIBRARIAN

§4-A. Revolving Fund

1. Fund created. There is established within the Maine State Library a revolving fund for use by the library to replace books, documents or other materials that are damaged, lost or unrecoverable for which a charge is made.

[ 1981, c. 496, (NEW) .]

2. Price and rates. The State Librarian is authorized to fix the value of library items at current replacement costs plus a reasonable amount incurred in recovering these items.

[ 1981, c. 496, (NEW) .]

3. Income. Income received from subsection 2 shall be credited to the revolving fund to be used as a continuing carrying account to carry out the purposes of subsection 1.

[ 1981, c. 496, (NEW) .]

SECTION HISTORY

1981, c. 496, (NEW).