Maine § 20-A §11496 Trust agreement; pledge of security

Maine Statutes

§ 20-A §11496 — Trust agreement; pledge of security

Maine § 20-A §11496

Title 20-AEDUCATION

Part 5POST-SECONDARY EDUCATION

Ch. 417-FHIGHER EDUCATION LOAN PURCHASE PROGRAM

This text of Maine § 20-A §11496 (Trust agreement; pledge of security) 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 §11496 (2026).

Text

1.Trust agreement. Any bonds issued under this chapter may be secured by a trust agreement by and between any or all of the following: the authority, a financial institution, a credit union and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State.

2.Pledge of security. This subsection governs a pledge of security pursuant to this chapter.

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1.
Trust agreement.
Any bonds issued under this chapter may be secured by a trust agreement by and between any or all of the following: the authority, a financial institution, a credit union and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State.
2.
Pledge of security.
This subsection governs a pledge of security pursuant to this chapter.