Maine Statutes
§ 5 §13120-P — Commercial Facilities Development Program
1.Establishment; purpose.
The Commercial Facilities Development Program is established within the authority to serve the following purposes:
2.Redevelopment of property.
Except as provided in section 13120‑Q, the authority may undertake the redevelopment of property as an owner or lender for subsequent use and sale under the following conditions:
3.Development of property.
Except as provided in section 13120‑Q, the authority may undertake the development of property as an owner or lender for subsequent use and sale under the following conditions:
4.Other use of program funds.
The authority may use funds available for the program established in this section:
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 5 §13120-P (Commercial Facilities Development Program) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2001, c. 703, §6 (NEW). PL 2003, c. 281, §8 (AMD). PL 2005, c. 425, §18 (AMD). PL 2011, c. 563, §§11, 12 (AMD). PL 2017, c. 174, §1 (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 Fund