Maine Statutes
§ 20-A §8467 — Sale of career and technical education region capital assets
Maine·Title 20-A EDUCATION·Part 4 SPECIFIC EDUCATION PROGRAMS·Ch. 313 CAREER AND TECHNICAL EDUCATION
1.Sale of capital assets.
A region may sell any of its buildings, equipment or other capital assets if the sale is in compliance with the conditions of any indebtedness issued to finance such assets and if the sale is approved by the state board.
2.Use of proceeds of sale.
The proceeds of a sale authorized by subsection 1 must be used as follows:
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Maine § 20-A §8467 (Sale of career and technical education region capital assets) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1981, c. 693, §§5,8 (NEW). PL 1991, c. 518, §31 (AMD). PL 1991, c. 716, §6 (AMD). PL 2003, c. 545, §5 (REV).
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