Article IX, § 14-B — Authority to insure revenue bonds of the Maine School Building Authority
This text of Maine Const. art. IX, § 14-B (Authority to insure revenue bonds of the Maine School Building Authority) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Full Text
In order to encourage and assist in the provision and construction of public school buildings in the State, the Legislature by proper enactment may insure the payment of revenue bonds of the Maine School Building Authority on school projects within the State not exceeding in the aggregate $6,000,000 in amount at any one time and may also appropriate moneys and authorize the issuance of bonds on behalf of the State at such times and in such amounts as it may determine to make payments insured as aforesaid.
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Maine Const. art. IX, § 14-B, Counsel Stack Legal Research, https://law.counselstack.com/constitution/me/IX/14-B.