Maine Statutes
§ 5 §13120-N — Speculative industrial building program
Maine § 5 §13120-N
JurisdictionMaine
Title 5ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-AECONOMIC AND COMMUNITY DEVELOPMENT
This text of Maine § 5 §13120-N (Speculative industrial building program) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 5, § 5 §13120-N (2026).
Text
The authority may assist a municipality or local development corporation to construct a speculative industrial building by loaning the municipality or local development corporation money for construction or carrying costs or both for the project, subject to the following.
1.Project.
The following conditions apply to a project receiving money under this section.
2.Obligations.
The municipality or local development corporation receiving money under this section must:
3.Loan terms.
Terms for a loan under this section are as follows.
4.Marketing and promotion.
The municipality or local development corporation receiving money under this section shall make a reasonable and continual effort to market the speculative industrial building for sale into private commercial use. Upon the request of
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Legislative History
PL 2001, c. 703, §6 (NEW). PL 2003, c. 281, §§5,6 (AMD). PL 2005, c. 425, §17 (AMD).
Nearby Sections
15
§ 5 §13120-A
Authority established; purpose§ 5 §13120-B
Definitions§ 5 §13120-C
Organization and responsibilities§ 5 §13120-D
Board of trustees; appointment; chair; employees§ 5 §13120-E
Agreements; contracts§ 5 §13120-F
Receive, use and invest funds§ 5 §13120-G
Acquisition, use and disposition of property§ 5 §13120-H
Taxation and fees§ 5 §13120-I
Bonds§ 5 §13120-J
Interest of trustee or employee§ 5 §13120-K
Annual report; audit§ 5 §13120-L
Rules§ 5 §13120-M
Disclosure and confidentiality of records§ 5 §13120-N
Speculative industrial building program§ 5 §13120-O
Community Industrial Buildings FundCite This Page — Counsel Stack
Bluebook (online)
Maine § 5 §13120-N, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/5%20%C2%A713120-N.