§ 10 §9202 — Northern Maine Transmission Corporation established

1.
Establishment and purpose.
The Northern Maine Transmission Corporation is established as a body corporate and politic and public instrumentality of the State. The corporation is a special purpose corporation formed and managed as a subsidiary of the authority. The exercise by the corporation of the powers conferred by this chapter is deemed the performance of essential public functions. The purpose of the corporation is to:
1-A.
Construction; other approvals.
This chapter may not be interpreted to exempt the construction, ownership or operation of any project or facility from any approval required by law or rule, including but not limited to any approval required pursuant to Title 35‑A, chapter 21, or to alter the franchise rights of any transmission and distribution utility.
1-B.
Records disclosure and confidentiality.
Records of the corporation, as a subsidiary of the authority, are subject to the disclosure and confidentiality provisions governing the records of the authority under section 975‑A.
2.
Board.
The powers of the corporation are exercised by a board of directors, referred to in this section as the "board," that consists of 7 members.
3.
Membership and appointment of directors.
The directors of the board are the following 7 members:
4.
Terms.
Members designated under subsection 3, paragraphs A and B serve during their tenure in the position they fill on the board. A vacancy among members appointed by the Governor is filled in the same manner as the original appointment for the unexpired term of that position. Members appointed by the Governor serve an initial term of 4 years and, upon completion of the term, the members are appointed as follows:
5.
Compensation.
Directors are compensated according to Title 5, chapter 379.

Legislative History

PL 1999, c. 513, §6 (NEW). PL 2003, c. 506, §§6,7 (AMD).