Maine Statutes
§ 8 §525 — Fund established; excess revenue to be deposited into General Fund
The authority shall establish and maintain a reserve fund called the "Combat Sports Reserve Fund" and shall deposit in the fund all money received pursuant to section 522, as well as any other money or funds from any other sources. At the close of each fiscal year, the State Controller shall transfer from the fund any revenue in excess of operating expenses to the General Fund.
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Maine § 8 §525 (Fund established; excess revenue to be deposited into General Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2009, c. 352, §2 (NEW). PL 2011, c. 305, §7 (AMD).
Nearby Sections
15
§ 8 §501
License required§ 8 §521
Definitions§ 8 §522
Combat Sports Authority of Maine§ 8 §523
Powers of authority§ 8 §524
Promotion fees§ 8 §527
Limitations of powers§ 8 §528
Penalty§ 8 §529
Powers of board§ 8 §532
Fines; enforcement