Maine Statutes

§ 5 §887 — Payment of premiums; purchase of shares; investment products

Maine § 5 §887
JurisdictionMaine
Title 5ADMINISTRATIVE PROCEDURES AND SERVICES
Part 2CIVIL SERVICE
Ch. 67TAX-DEFERRED ARRANGEMENT

This text of Maine § 5 §887 (Payment of premiums; purchase of shares; investment products) 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 §887 (2026).

Text

Notwithstanding any other provision of law to the contrary, those persons designated to administer the tax-deferred arrangements are authorized to make payment for investment products acquired as part of a tax-deferred arrangement. The payments are not construed to be a prohibited use of the general assets of the State, county, city or other political subdivision.

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Legislative History

PL 1973, c. 491 (NEW). PL 1997, c. 204, §6 (AMD).

Nearby Sections

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Bluebook (online)
Maine § 5 §887, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/5%20%C2%A7887.