Maine Statutes

§ 7 §93 — Property management

Maine·Title 7 AGRICULTURE AND ANIMALS·Part 1 ADMINISTRATION·Ch. 4 AGRICULTURAL FAIRS AND PULLING EVENTS
An agricultural society may acquire and hold property, real and personal. The annual income from this property must be used for the purposes stated in the society's charter. The treasurer for a society may receive conveyances or leases of property for the society, and hold, sell, mortgage or pledge the property. A treasurer using this authority to manage property shall give bonds to the trustees of the society for safekeeping and the faithful discharge of the treasurer's duties.

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Legislative History

PL 2005, c. 563, §3 (NEW).

Nearby Sections

15
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