Maine Statutes

§ 20-A §11498 — Tax exemption

Maine·Title 20-A EDUCATION·Part 5 POST-SECONDARY EDUCATION·Ch. 417-F HIGHER EDUCATION LOAN PURCHASE PROGRAM
Bonds issued under this chapter constitute a proper public purpose and the securities, their transfer and the income from them, including any profits made on their sale, are at all times exempt from taxation within the State, whether or not those securities, their transfer or the income from them, including any profits made on their sale, are subject to federal taxation.

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Maine § 20-A §11498 (Tax exemption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 2003, c. 455, §2 (NEW).

Nearby Sections

15
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