Maine § 23 §1969 Application of proceeds of bonds or notes in anticipation thereof

Maine Statutes

§ 23 §1969 — Application of proceeds of bonds or notes in anticipation thereof

Maine § 23 §1969

Title 23TRANSPORTATION

Part 1STATE HIGHWAY LAW

Ch. 24MAINE TURNPIKE

This text of Maine § 23 §1969 (Application of proceeds of bonds or notes in anticipation thereof) 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. 23, § 23 §1969 (2026).

Text

Bonds shall be applied as follows.

1.Application. All moneys received from any bonds or bond anticipation notes issued pursuant to this chapter shall be applied solely:

2.Lien created. There is created and granted a lien upon the moneys until so applied in favor of holders of those bonds or the trustee provided for under this chapter in respect of these bonds.

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Legislative History

PL 1981, c. 595, §3 (NEW). PL 1993, c. 410, §MM8 (AMD). PL 1995, c. 504, §C6 (AMD). PL 2011, c. 302, §14 (AMD). PL 2013, c. 586, Pt. F, §2 (AMD). PL 2015, c. 5, §7 (AMD).