Maine Statutes
§ 20-A §11499 — Bonds as legal investments
Maine·Title 20-A EDUCATION·Part 5 POST-SECONDARY EDUCATION·Ch. 417-F HIGHER EDUCATION LOAN PURCHASE PROGRAM
Bonds issued by the authority under this chapter are securities in which all public officers and public bodies of the State and its political subdivisions; insurance companies and associations and other persons carrying on an insurance business; trust companies, banks, bankers, banking associations, savings banks and savings associations, including savings and loan associations; financial institutions; credit unions; building and loan associations; investment companies; executors, administrators, trustees and other fiduciaries; pension, retirement funds and profit-sharing plans; other persons carrying on a banking business; and all other persons may properly and legally invest funds, including capital in their control or belonging to them. These bonds are made securities that may properly
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Maine § 20-A §11499 (Bonds as legal investments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2003, c. 455, §2 (NEW).
Nearby Sections
15
§ 20 §1
Department§ 20 §1-A
Department, commissioner§ 20 §1-B
Department; organization§ 20 §101
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Appointment of supervisors