Maine Statutes
§ 38 §1045 — Lease of property; applicable to all sewer districts
A sewer district may enter into a lease and leaseback transaction with respect to some or all of its real or personal property, other than land, and may take all other necessary action, including, but not limited to, the granting of mortgages and liens, to effectuate the transaction. For purposes of this section, "lease" includes a lease of any length, including leases that may be defined as sales for income tax purposes.
This section is deemed to be incorporated into the private and special laws governing a sewer district, and any part of a sewer district charter not in conformity with this section is void, unless the sewer district's charter expressly references this section or former section 1252, subsection 10 and specifically provides that this subsection or former section 1252, subse
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Maine § 38 §1045 (Lease of property; applicable to all sewer districts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2013, c. 555, §6 (NEW).
Nearby Sections
15
§ 38 §10
Harbor master liability§ 38 §100
Notice of hearing on complaint§ 38 §1000
First meeting of commission§ 38 §1002
Legislative review§ 38 §102
Reinstatement following suspension§ 38 §1021
Definitions§ 38 §1022
License to build or extend; application§ 38 §1023
Expiration of license§ 38 §1024
Waters between 2 towns§ 38 §1027
Exemptions