Maine Statutes

§ 5 §13080-C — Use of operating revenues

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 18-A ECONOMIC AND COMMUNITY DEVELOPMENT
1.Use of revenue. Operating revenue generated from property transferred in the Federal Aviation Administration public benefit transfer or otherwise generated by the airport must be used to support the development, maintenance and operation of aeronautical facilities, operating costs of the airport and costs substantially related to the actual air transportation of passengers or property. Revenues generated from other properties granted to the authority in subsequent or different transfers must be used as the authority determines appropriate within the powers established by this article.
2.Permitted liability limited. All expenses incurred in carrying out this article must be paid solely from funds provided under the authority of this article, and liability or obligation may not be incurr

Free access — add to your briefcase to read the full text and ask questions with AI

Maine § 5 §13080-C (Use of operating revenues) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1993, c. 474, §1 (NEW). PL 1993, c. 729, §5 (AMD).

Nearby Sections

15
View on official source ↗