Maine Statutes

§ 20-A §10960 — Tax exemption

Maine § 20-A §10960
JurisdictionMaine
Title 20-AEDUCATION
Part 5POST-SECONDARY EDUCATION
Ch. 412BORROWING AUTHORITY FOR THE UNIVERSITY OF MAINE SYSTEM

This text of Maine § 20-A §10960 (Tax exemption) 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 §10960 (2026).

Text

Indebtedness incurred under this chapter and evidences of indebtedness issued in connection with the indebtedness shall be deemed to constitute a proper public purpose and the evidences of indebtedness issued, their transfer and the income from them, including any profits made on the sale of the evidences of indebtedness, shall at all times be exempt from taxation within the State.

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Legislative History

PL 1987, c. 735, §14 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 20-A §10960, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/20-A%20%C2%A710960.