Maine § 5 §13080-B Loring Development Authority of Maine; powers; membership; obligations

Maine Statutes

§ 5 §13080-B — Loring Development Authority of Maine; powers; membership; obligations

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 18-A ECONOMIC AND COMMUNITY DEVELOPMENT

1.Powers. The authority is a public municipal corporation and may:

2.Membership; appointment. The authority is governed by a board of trustees composed of 13 voting members appointed by the Governor and subject to review by the joint standing committee of the Legislature having jurisdiction over economic development matters and to confirmation by the Senate.

3.Quorum. Seven members constitute a quorum. Seven affirmative votes are required for the board to take action.

4.Liability. The liability of the authority is governed by the Maine Tort Claims Act, Title 14, chapter 741. A member of the authority, a member of a board of the authority and an employee of the authority may not be subject to any personal liability for having acted in the service of their duty as board members of the au

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1.
Powers.
The authority is a public municipal corporation and may:
2.
Membership; appointment.
The authority is governed by a board of trustees composed of 13 voting members appointed by the Governor and subject to review by the joint standing committee of the Legislature having jurisdiction over economic development matters and to confirmation by the Senate.
3.
Quorum.
Seven members constitute a quorum. Seven affirmative votes are required for the board to take action.
4.
Liability.
The liability of the authority is governed by the Maine Tort Claims Act, Title 14, chapter 741. A member of the authority, a member of a board of the authority and an employee of the authority may not be subject to any personal liability for having acted in the service of their duty as board members of the authority within the course and scope of membership or employment to carry out a power or duty under this chapter. The authority shall indemnify a member of the authority, a member of a board of the authority and an employee of the authority against expenses actually and necessarily incurred in connection with the defense of an action or proceeding in which the member or employee is made a party by reason of past or present association with the authority.
5.
Expenses.
A trustee is not entitled to receive compensation for services to the authority but is entitled to receive reimbursement for necessary expenditures, including travel expenses, incurred in carrying out those services.
6.
Officers; employees.
The trustees shall elect a chair and vice-chair from among their members. The authority may employ an executive director, technical experts and other agents and employees, permanent and temporary, that it requires and may determine their qualifications, duties and compensation. Permanent employees of the authority are eligible to elect to participate in the Maine Public Employees Retirement System, any state-deferred compensation plan or any other plan or program adopted by the trustees to the extent the trustees may determine. For required legal services, the authority may employ or retain its own counsel and legal staff.
7.
Term limits.
A person may not serve more than 2 consecutive 4-year terms as a trustee.

Maine § 5 §13080-B (Loring Development Authority of Maine; powers; membership; obligations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1993, c. 474, §1 (NEW). PL 1993, c. 729, §§3,4 (AMD). PL 1995, c. 166, §1 (AMD). PL 1995, c. 495, §2 (AMD). PL 1995, c. 644, §1 (AMD). PL 1995, c. 644, §3 (AFF). PL 1997, c. 71, §1 (AMD). RR 2001, c. 2, §B3 (COR). RR 2001, c. 2, §B58 (AFF). PL 2003, c. 598, §2 (AMD). PL 2007, c. 58, §3 (REV).