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MAINE STATUTES AND CODES

5 §12004-F. Bonding and financing organization

Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES

Part 18: ADMINISTRATIVE PROCEDURES HEADING: PL 1977, C. 551, §3 (NEW)

Chapter 379: BOARDS, COMMISSIONS, COMMITTEES AND SIMILAR ORGANIZATIONS HEADING: PL 1983, C. 812, §39 (NEW); 1987, C. 786, §2 (RPR)

Subchapter 1: COMPENSATION HEADING: PL 1987, C. 786, §2 (RPR)

§12004-F. Bonding and financing organization

Bonding and financing organizations have the primary responsibilities to finance construction of projects, new businesses or business expansions; administer pension funds or the proceeds of bond sales; and administer organizations created to fulfill these responsibilities. [1987, c. 786, §5 (NEW).]

The primary powers of these boards include the authority to hold hearings and adopt rules; establish procedures and standards; lease or acquire property; enter into contracts; sell bonds; invest income; and borrow money. [1987, c. 786, §5 (NEW).]

This classification includes the following. [1987, c. 786, §5 (NEW).]

NAME OF ORGANIZATION RATE OF COMPENSATION STATUTORY REFERENCE

1.

Finance Authority of Maine Legislative Per Diem 10 MRSA §964

[ 1987, c. 786, §5 (NEW) .]

2.

Maine Municipal Bond Bank, Board of Commissioners Legislative Per Diem 30-A MRSA §5951

[ 1989, c. 503, Pt. A, §9 (AMD) .]

3.

Maine State Housing Authority Legislative Per Diem 30-A MRSA §4722

[ 1989, c. 503, Pt. A, §9 (AMD) .]

4.

Maine Turnpike Authority Legislative Per Diem 23 MRSA §1965

[ 1987, c. 786, §5 (NEW) .]

5.

Maine Public Utility Financing Bank, Board of Commissioners Legislative Per Diem 35-A MRSA §2904

[ 1987, c. 786, §5 (NEW) .]

6.

Maine Health and Higher Educational Facilities Authority Legislative Per Diem 22 MRSA §2054

[ 1987, c. 786, §5 (NEW) .]

7. Maine School Building Authority

[ 1993, c. 494, §1 (RP) .]

8.

Maine Port Authority $100/Meeting Plus Expenses 23 MRSA §4420

[ 2007, c. 134, §2 (AMD) .]

9.

Board of Trustees, Maine Public Employees Retirement System Legislative Per Diem 5 MRSA §17102

[ 1987, c. 786, §5 (NEW); 2007, c. 58, §3 (REV) .]

10.

State Employee Health Commission Expenses Only 5 MRSA §285-A

[ 1989, c. 503, Pt. A, §10 (RPR) .]

11.

Maine Governmental Facilities Authority Expenses Only 4 MRSA §1602

[ 1999, c. 790, Pt. A, §2 (AMD) .]

12. Board of Directors, Student Educational Enhancement Deposit Plan

[ 1991, c. 622, Pt. S, §6 (RP) .]

13. Maine Low-level Radioactive Waste Authority

[ 1993, c. 664, §1 (RP) .]

14. Board of Trustees, Sludge and Residuals Utilization Research Foundation

[ 1999, c. 668, §20 (RP) .]

15.

Maine Educational Loan Authority Legislative Per Diem 20-A MRSA §11414

[ 1989, c. 503, Pt. A, §11 (NEW) .]

16.

Northern New England Passenger Rail Authority Legislative Per Diem 23 MRSA §8111

[ 1995, c. 374, §1 (NEW) .]

17.

Small Enterprise Growth Board Expenses Only 10 MRSA §471

[ 1995, c. 699, §1 (NEW) .]

18.

Maine Rural Development Authority Expenses Only 5 MRSA §13120-A

[ 2001, c. 703, §1 (NEW) .]

SECTION HISTORY

1987, c. 786, §5 (NEW). 1989, c. 503, §§A9-11 (AMD). 1991, c. 622, §S6 (AMD). 1993, c. 494, §1 (AMD). 1993, c. 664, §1 (AMD). 1995, c. 374, §1 (AMD). 1995, c. 699, §1 (AMD). 1999, c. 668, §20 (AMD). 1999, c. 790, §A2 (AMD). 2001, c. 703, §1 (AMD). 2007, c. 58, §3 (REV). 2007, c. 134, §2 (AMD).

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