Maine Statutes
§ 27 §4-A — Revolving Fund
1.Fund created.
There is established within the Maine State Library a revolving fund for use by the library to replace books, documents or other materials that are damaged, lost or unrecoverable for which a charge is made.
2.Price and rates.
The State Librarian is authorized to fix the value of library items at current replacement costs plus a reasonable amount incurred in recovering these items.
3.Income.
Income received from subsection 2 shall be credited to the revolving fund to be used as a continuing carrying account to carry out the purposes of subsection 1.
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Legislative History
PL 1981, c. 496 (NEW).
Nearby Sections
15
§ 27 §4-A
Revolving Fund§ 27 §4-B
Carrying account§ 27 §401
Commission§ 27 §402
Membership§ 27 §403
Director§ 27 §404
Duties§ 27 §405
Hearings; contracts§ 27 §406
Funds§ 27 §407
Reports§ 27 §408
Maine Student Artist Awards Program§ 27 §409
Rules§ 27 §410
Arts outreach program