Maine § 27 §4-A Revolving Fund

Maine Statutes

§ 27 §4-A — Revolving Fund

Maine § 27 §4-A

Title 27LIBRARIES, HISTORY, CULTURE AND ART

Ch. 1STATE LIBRARY

This text of Maine § 27 §4-A (Revolving Fund) 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. 27, § 27 §4-A (2026).

Text

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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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.