Maine Statutes
§ 5 §1551 — Purpose
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 4 FINANCE·Ch. 144 PAYMENT OF INVOICES RECEIVED FROM BUSINESS CONCERNS
The purpose of this chapter is to promote prompt payment of obligations incurred by agencies of State Government. It is the intent of the Legislature to prevent hardship for any business concern due to late payment of proper invoices for obligations incurred by state agencies. It is also the intent of the Legislature to encourage business concerns to provide prompt, dependable services and products of a high quality and at a reasonable cost to State Government.
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Legislative History
PL 1983, c. 655 (NEW).
Nearby Sections
15
§ 5 §150
Temporary loans by State§ 5 §15001
Title§ 5 §15002
Definitions§ 5 §15003
Credit of State pledged§ 5 §15005
Powers of loan authority board§ 5 §15006
Expenses of loan authority board§ 5 §15007
Loan Insurance Fund§ 5 §15008
Additions to§ 5 §15009
Insurance of loans§ 5 §1501
Uniform fiscal year§ 5 §15010
Loan insurance premiums§ 5 §15011
Acquisition and disposal of property