Maine § 20-A §11403 Student Loan Insurance Fund

Maine Statutes

§ 20-A §11403 — Student Loan Insurance Fund

Maine § 20-A §11403

Title 20-AEDUCATION

Part 5POST-SECONDARY EDUCATION

Ch. 417FEDERAL FINANCIAL ASSISTANCE PROGRAMS

This text of Maine § 20-A §11403 (Student Loan Insurance 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. 20-A, § 20-A §11403 (2026).

Text

1.Establishment. There is established the Student Loan Insurance Fund, to be used by the authority as a nonlapsing, revolving fund for carrying out this subchapter.

2.Fund; charges and credits. Charges and credits are as follows.

3.Excess money. Money in the fund not needed currently to meet the obligations of the authority as an insurer is deposited with the authority to the credit of the fund, or may be invested as provided by law.

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1.
Establishment.
There is established the Student Loan Insurance Fund, to be used by the authority as a nonlapsing, revolving fund for carrying out this subchapter.
2.
Fund; charges and credits.
Charges and credits are as follows.
3.
Excess money.
Money in the fund not needed currently to meet the obligations of the authority as an insurer is deposited with the authority to the credit of the fund, or may be invested as provided by law.