LD 1319
pg. 333
Page 332 of 460 PUBLIC Law Chapter 20 Page 334 of 460
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LR 2000
Item 1

 
corporations which that are primarily owned and operated by Maine
residents, when the treasurer determines that not less than one
job will be created or retained per $20,000 of deposited funds.
The maximum loan to any borrower for which a deposit may be
applied under this paragraph is $200,000, and businesses shall be
are eligible to receive subsidies pursuant to this paragraph for
a maximum of an aggregate of 24 months. In adopting rules to
implement this paragraph, the treasurer shall consider criteria
targeting loans under the program to geographic areas of
financial need, and may establish limits on deposits to any one
financial institution, further limits on deposits supporting
loans to any one borrower, and further restrictions on
eligibility.

 
Sec. T-4. 10 MRSA §3751, last ¶, as repealed and replaced by PL 1977,
c. 707, §3, is amended to read:

 
The contents of an opened safe or box, if unclaimed, shall
must be disposed of according to Title 33, chapter 27 41.

 
Sec. T-5. 10 MRSA §3953, as repealed and replaced by PL 1979, c.
641, §1, is amended to read:

 
§3953. Disposal of residue

 
After satisfying the lien and the reasonable costs and
expenses accrued, the residue shall must be disposed of according
to Title 33, chapter 27 41.

 
Sec. T-6. 10 MRSA §4009, as amended by PL 1979, c. 641, §2, is
further amended to read:

 
§4009. Disposal of proceeds

 
Money paid into court may be paid over to the person legally
entitled to it, on motion and order of the court. If it is not
called for at the first term after it is paid into court, it
shall must be presumed abandoned unclaimed and disposed of
according to Title 33, chapter 27 41.

 
Sec. T-7. 11 MRSA §7-206, sub-§(5), as amended by PL 1979, c. 641, §3,
is further amended to read:

 
(5) The warehouseman may satisfy his the lien from the
proceeds of any sale or disposition under this section but must
hold the balance for delivery on the demand of any person to whom
he the warehouseman would have been bound to deliver the goods,
or dispose of it according to Title 33, chapter 27 41.


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