Maine § 12 §1856 Unorganized Territory School Fund

Maine Statutes

§ 12 §1856 — Unorganized Territory School Fund

Maine § 12 §1856

Title 12CONSERVATION

Part 2FORESTS, PARKS, LAKES AND RIVERS

Ch. 220BUREAU OF PARKS AND PUBLIC LANDS

This text of Maine § 12 §1856 (Unorganized Territory School Fund) 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.

Bluebook

Me. Rev. Stat. tit. 12, § 12 §1856 (2026).

Text

1.Fund; unexpended income. The Unorganized Territory School Fund, which includes the existing principal of that fund arising from the public reserved lots before October 3, 1973 and any accrued but unexpended income from the fund since that date, must continue.

2.Administration; annual income. The Treasurer of State shall hold and administer the Unorganized Territory School Fund. The income of the fund must be credited on December 31st annually to the Unorganized Territory Education and Services Fund established by Title 36, chapter 115 and used to reduce the amount determined to be the municipal cost components for the next fiscal year.

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1.
Fund; unexpended income.
The Unorganized Territory School Fund, which includes the existing principal of that fund arising from the public reserved lots before October 3, 1973 and any accrued but unexpended income from the fund since that date, must continue.
2.
Administration; annual income.
The Treasurer of State shall hold and administer the Unorganized Territory School Fund. The income of the fund must be credited on December 31st annually to the Unorganized Territory Education and Services Fund established by Title 36, chapter 115 and used to reduce the amount determined to be the municipal cost components for the next fiscal year.