Maine Revised Statutes Title 35-A Sec. 9212 – Gifts and contributions
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Terms Used In Maine Revised Statutes Title 35-A Sec. 9212
- Authority: means the ConnectMaine Authority established in section 9203. See Maine Revised Statutes Title 35-A Sec. 9202
- Donor: The person who makes a gift.
The authority may accept gifts and contributions on behalf of the authority for the purpose of designing, constructing, reconstructing, renovating or acquiring a project. [PL 2005, c. 665, §3 (NEW).]
The authority, in accepting gifts of money, federal funds or other types of income, shall place this money in a special account for the purpose for which it is provided. The authority may invest the money in accordance with the purposes of this chapter, subject to any limitations imposed by the donor. [PL 2005, c. 665, §3 (NEW).]
SECTION HISTORY
PL 2005, c. 665, §3 (NEW).