Maine § 30-A §4854 Sources of fund

Maine Statutes

§ 30-A §4854 — Sources of fund

Maine·Title 30-A MUNICIPALITIES AND COUNTIES·Part 2 MUNICIPALITIES·Ch. 201 HOUSING AUTHORITY

There shall be paid into the fund:

1.Appropriations. All money appropriated from the General Fund for inclusion in the fund;

2.Repayment of advances. Subject to any pledge, contract or other obligation under section 4855, any money which the Maine State Housing Authority receives in repayment of advances from the fund;

3.Gains from investments. Subject to any pledge, contract or other obligation under this section, all interest, dividends and pecuniary gains from the investment of money of the fund; 3-A. Nonlapsing revolving loan funds. Any funds remaining in a revolving loan fund administered by the Maine State Housing Authority for a period longer than 10 years and directed by the Maine State Housing Authority to be paid into the fund; and

4.Other money. Any other money available to

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There shall be paid into the fund:
1.
Appropriations.
All money appropriated from the General Fund for inclusion in the fund;
2.
Repayment of advances.
Subject to any pledge, contract or other obligation under section 4855, any money which the Maine State Housing Authority receives in repayment of advances from the fund;
3.
Gains from investments.
Subject to any pledge, contract or other obligation under this section, all interest, dividends and pecuniary gains from the investment of money of the fund;
3-A.
Nonlapsing revolving loan funds.
Any funds remaining in a revolving loan fund administered by the Maine State Housing Authority for a period longer than 10 years and directed by the Maine State Housing Authority to be paid into the fund; and
4.
Other money.
Any other money available to the Maine State Housing Authority and directed by the Maine State Housing Authority to be paid into the fund.

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