Maine Const. art. IX, § 14-C

Maine Constitution

Article IX, § 14-C — Authority to insure mortgage loans for Indian housing

Maine Const. art. IX, § 14-C (Authority to insure mortgage loans for Indian housing) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionMaine DocumentConstitution

ArticleIX

Section§ 14-C

CitationMaine Const. art. IX, § 14-C

Bluebook

Me. Const. art. IX, § 14-C.

Full Text

For the purpose of fostering and encouraging the acquisition, construction, repair and remodeling of houses owned or to be owned by members of the 2 tribes on the several Indian reservations, the Legislature by proper enactment may insure the payment of mortgage loans on such houses not exceeding in the aggregate $1,000,000 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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For the purpose of fostering and encouraging the acquisition, construction, repair and remodeling of houses owned or to be owned by members of the 2 tribes on the several Indian reservations, the Legislature by proper enactment may insure the payment of mortgage loans on such houses not exceeding in the aggregate $1,000,000 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.