Maine Statutes
§ 20-A §10957 — Trust funds
Maine § 20-A §10957
JurisdictionMaine
Title 20-AEDUCATION
Part 5POST-SECONDARY EDUCATION
Ch. 412BORROWING AUTHORITY FOR THE UNIVERSITY OF MAINE SYSTEM
This text of Maine § 20-A §10957 (Trust funds) 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. 20-A, § 20-A §10957 (2026).
Text
All money received pursuant to the authority of this chapter shall be deemed to be trust funds, to be held and applied solely as provided in this chapter and in the resolution of the trustees authorizing the financing transaction. Any officer to whom, or any bank, trust company or other fiscal agent or trustee to which that money shall be paid shall act as trustee of that money and shall hold and apply the money for that purpose, subject to such regulations as this chapter and the resolution or trust agreement may provide.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
PL 1987, c. 735, §14 (NEW).
Nearby Sections
15
§ 20 §1
Department§ 20 §1-A
Department, commissioner§ 20 §1-B
Department; organization§ 20 §101
Appointment; salary§ 20 §1011
Programs established§ 20 §1012
Directors; qualifications; duties§ 20 §1014
Duty of parents; neglect§ 20 §1015
Weapons§ 20 §102
Duties§ 20 §103
Office§ 20 §104
Blanks for school returns§ 20 §105
Appointment of supervisorsCite This Page — Counsel Stack
Bluebook (online)
Maine § 20-A §10957, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/20-A%20%C2%A710957.