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personal property, take assignments of leases and rentals or take | | any other action necessary or incidental to the performance of its | | duties under this Act; |
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| | | 15.__Secured or unsecured loans.__To make secured or unsecured | | loans for the purpose of providing temporary or permanent | | financing or refinancing of all or part of the cost of any | | project, projects or part of any project, including the refunding | | of any outstanding obligations, mortgages or advances issued, | | made or given by any person for the cost of a project, projects | | or part of any project; |
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| | | 16.__Investments.__Except as otherwise provided in this Act, | | to invest any funds not needed for immediate use, including any | | funds held in reserve, in property or securities in which | | fiduciaries in the State may legally invest funds; |
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| | | 17.__Appearances.__To appear in its own behalf before boards, | | commissions, departments or agencies of municipal government, | | State Government or Federal Government; |
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| | | 18.__Executive director; other employees.__To employ an | | executive director, consulting foresters, attorneys, accountants, | | financial experts and such other employees and agents as may be | | necessary in its judgment; |
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| | | 19.__All acts granted or implied.__To do any act necessary or | | convenient to exercise the powers granted in this Act or | | reasonably implied from this Act; |
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| | | 20.__Contract with Maine Municipal Bond Bank.__In carrying out | | its powers under this section, the board shall, whenever | | possible, contract with the Maine Municipal Bond Bank for | | necessary clerical and administrative services, including use of | | the Executive Director of the Maine Municipal Bond Bank as the | | executive director, secretary and treasurer of the board; |
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| | | 21.__Accept federal funds, gifts and contributions.__To accept | | federal funds, gifts and contributions, which include, but are | | not limited to, money, annuities and investments or anything of | | value for the purposes set forth in section 6428; and |
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| | | 22.__Delegation to Bureau of General Services.__To delegate | | those powers that the board may specifically exercise, or cause | | to be exercised, pursuant to subsection 5, 6 or 14 to the | | Department of Administrative and Financial Services, Bureau of | | General Services.__The board may revoke such a delegation upon | | the failure of the Bureau of General Services to discharge the | | delegated powers.__The Bureau of General Services may provide to |
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