Maine Revised Statutes Title 35-A Sec. 6415 – Standard districts; tax exempt
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maine Revised Statutes Title 35-A Sec. 6415
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Standard district: means a water district that is a quasi-municipal corporation constituted for the purpose of supplying persons of the standard district with potable water for domestic, sanitary, commercial, industrial, agricultural and municipal purposes, and that is formed and chartered pursuant to this chapter. See Maine Revised Statutes Title 35-A Sec. 6402
A standard district is a public municipal corporation within the meaning of Title 36, section 651 and the property of the district is exempt from taxation to the extent provided in that section. [PL 1995, c. 616, §10 (NEW).]
SECTION HISTORY
PL 1995, c. 616, §10 (NEW).