Maine Statutes
§ 20-A §10965 — Validity of evidences of indebtedness
Maine § 20-A §10965
JurisdictionMaine
Title 20-AEDUCATION
Part 5POST-SECONDARY EDUCATION
Ch. 412BORROWING AUTHORITY FOR THE UNIVERSITY OF MAINE SYSTEM
This text of Maine § 20-A §10965 (Validity of evidences of indebtedness) 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 §10965 (2026).
Text
Evidences of indebtedness bearing duly authorized signatures of officers or officials holding office on the date of signing shall be valid and binding obligations, notwithstanding that before the delivery of and payment for the obligation any or all persons whose signatures appear on the evidences of indebtedness shall have ceased to be such officers or officials. The validity of evidences of indebtedness shall not be dependent on nor affected by the validity or regularity of any proceedings to acquire any project financed with the proceeds of evidences of indebtedness, or to refund outstanding evidences of indebtedness, or otherwise taken in connection with the financing transaction.
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Legislative History
PL 1987, c. 735, §14 (NEW).
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Appointment of supervisorsCite This Page — Counsel Stack
Bluebook (online)
Maine § 20-A §10965, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/20-A%20%C2%A710965.