Maine Revised Statutes Title 30-A Sec. 4864 – Bonds
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Terms Used In Maine Revised Statutes Title 30-A Sec. 4864
- Authority: means the Maine State Housing Authority. See Maine Revised Statutes Title 30-A Sec. 4861
- Bonds: means any bonds, notes, interim certificates, debentures or other obligations issued by an authority under this chapter. See Maine Revised Statutes Title 30-A Sec. 4702
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fund: means the Maine Energy, Housing and Economic Recovery Fund established in section 4863. See Maine Revised Statutes Title 30-A Sec. 4861
- Program: means the Maine Energy, Housing and Economic Recovery Program established in section 4862. See Maine Revised Statutes Title 30-A Sec. 4861
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
Beginning in fiscal year 2010-11, pursuant to its authority under this chapter, the authority may issue revenue bonds from time to time, to be known as Maine Energy, Housing and Economic Recovery Fund revenue bonds, to carry out the purposes of the program. Notwithstanding any other provision of law, the authority may have in the aggregate principal amount outstanding at any one time Maine Energy, Housing and Economic Recovery Fund revenue bonds up to but not exceeding $200,000,000, excluding refunding bonds. The authority may issue in any fiscal year revenue bonds under this subchapter in an amount of $30,000,000 or more, as determined appropriate by the authority for the purposes of the program. [PL 2009, c. 372, Pt. E, §1 (NEW).]
SECTION HISTORY
PL 2009, c. 372, Pt. E, §1 (NEW).