Maine Statutes
§ 30-A §6011 — Bonds as legal investments and security
Maine·Title 30-A MUNICIPALITIES AND COUNTIES·Part 2 MUNICIPALITIES·Ch. 225 MAINE MUNICIPAL BOND BANK
Notwithstanding any restrictions contained in any other law, the State and all public officers, governmental units and agencies of the State, all national banking associations, state banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees and other fiduciaries, may legally invest any sinking funds, money or other funds belonging to them or within their control in any bonds or notes issued by the bank under this chapter. These bonds or notes are authorized security for any and all public deposits.
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Legislative History
PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD).
Nearby Sections
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§ 30 §1001
County law enforcement administration§ 30 §1002
Aid required by officer; refusal§ 30 §1003
Officer to pay money collected§ 30 §1004
Arrest in other counties§ 30 §101
Board membership; chairman§ 30 §101-A
Municipal school budget§ 30 §102
Vacancies; expiration of term§ 30 §103
Other times§ 30 §105
Mode of election