Maine Revised Statutes Title 20-A Sec. 11421 – Refunding bonds
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maine Revised Statutes Title 20-A Sec. 11421
- Authority: means the Finance Authority of Maine, including in its capacity as successor to the Maine Educational Loan Authority and the Finance Authority of Maine's successors or assigns. See Maine Revised Statutes Title 20-A Sec. 11413
- Bonds: includes bonds, notes, refunding bonds, commercial paper, pass-through instruments or any other evidences of obligations of the authority issued under this chapter. See Maine Revised Statutes Title 20-A Sec. 11413
The authority may provide for issuance of refunding bonds of the authority to refund any outstanding bonds issued under this chapter, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption. The authority may provide for the issuance of bonds of the authority for the combined purpose of refunding any outstanding bonds, including refunding bonds issued under this chapter. The issuance of the bonds, the maturities and other details, the rights and remedies of the holders and the rights, powers, privileges, duties and obligations of the authority are governed by the provisions of this chapter insofar as they are applicable. [PL 2015, c. 170, §20 (AMD); PL 2015, c. 170, §30 (AFF).]
SECTION HISTORY
PL 1987, c. 807, §3 (NEW). PL 2015, c. 170, §20 (AMD). PL 2015, c. 170, §30 (AFF).