Maine Statutes

§ 20-A §11007 — Gifts - Article VII

Maine § 20-A §11007
JurisdictionMaine
Title 20-AEDUCATION
Part 5POST-SECONDARY EDUCATION
Ch. 413NEW ENGLAND HIGHER EDUCATION COMPACT

This text of Maine § 20-A §11007 (Gifts - Article VII) 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 §11007 (2026).

Text

The board for the purposes of this compact may receive grants, devises, gifts and bequests which the board may agree to accept and administer. The board shall administer property held in accordance with special trusts, grants and bequests, and shall also administer grants and devises of land and gifts or bequests of personal property made to the board for special uses, and shall execute said trusts, investing the proceeds thereof in notes or bonds secured by sufficient mortgages or other securities.

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Legislative History

PL 1981, c. 693, §§5,8 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 20-A §11007, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/20-A%20%C2%A711007.