Maine Statutes
§ 10 §1117 — Prepayment or advance payment
This chapter in no way may be construed to prohibit an owner, contractor or subcontractor from making advance payments, progress payments or from prepaying if agreements or other circumstances make those payments appropriate. All such payments must be made promptly and are subject to the interest, penalty and other provisions of this chapter.
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Legislative History
PL 1993, c. 461, §1 (NEW).
Nearby Sections
15
§ 10 §1100-A
Organization of loan board§ 10 §1100-AA-1
Foreign Credentialing and Skills Recognition Grant Program§ 10 §1100-B
Powers§ 10 §1100-BB
Definitions§ 10 §1100-C
Credit of the State pledged§ 10 §1100-CC
Loan Guarantee Program established§ 10 §1100-D
Loan insurance fund§ 10 §1100-E
Additions to§ 10 §1100-EE
Loan guarantee§ 10 §1100-F
Insurance of loans§ 10 §1100-FF
Duties and powers of authority§ 10 §1100-G
Loan insurance premiums§ 10 §1100-GG
Termination of program; repeal