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Title 30-A, Chapter 225: MAINE MUNICIPAL BOND BANK

Subchapter 1: GENERAL PROVISIONS

30-A §5901. Title 
30-A §5902. Declaration of necessity 
30-A §5903. Definitions 
30-A §5904. Liberal construction of chapter 

Subchapter 2: ESTABLISHMENT AND POWERS

30-A §5951. Creation of bank and membership 
30-A §5952. Conflict of interest 
30-A §5953. Lending and borrowing powers generally 
30-A §5953-A. Loans from revolving loan fund 
30-A §5953-B. Loans from safe drinking water revolving loan fund 
30-A §5953-C. Loans for energy efficiency improvements in municipal and school buildings 
30-A §5953-D. Assistance from Municipal Investment Trust Fund 
30-A §5953-E. Maine School Facilities Finance Program 
30-A §5953-F. Recovery zone economic development bonds; qualified energy conservation bonds 
30-A §5953-G. Additional securities; career and technical education centers and regions 
30-A §5954. Corporate powers 
30-A §5954-A. Aggregation service 
30-A §5955. Additional powers 
30-A §5956. State services 
30-A §5957. Allocation of state ceiling; recovery zone economic development bonds; qualified energy conservation bonds 
30-A §5958. Prohibited acts and limitation of powers 
30-A §5959. Rules; reports 

Subchapter 3: FINANCIAL OPERATION

30-A §6001. Budget 
30-A §6002. Annual report 
30-A §6003. Bonds and notes of the bank 
30-A §6004. Resolutions and indentures 
30-A §6005. Intent of pledge 
30-A §6006. Reserve fund 
30-A §6006-A. Revolving loan fund 
30-A §6006-B. Safe drinking water revolving loan fund 
30-A §6006-C. Municipal lease finance program 
30-A §6006-D. Municipal Investment Trust Fund 
30-A §6006-E. Maine school facilities finance lease-purchase program 
30-A §6006-F. School Revolving Renovation Fund 
30-A §6006-G. TransCap Trust Fund 
30-A §6006-H. State Water and Wastewater Infrastructure Fund 
30-A §6007. General fund 
30-A §6008. Additional reserves and funds 
30-A §6009. Application of money 
30-A §6010. Purchase of bonds and notes of bank 
30-A §6011. Bonds as legal investments and security 
30-A §6012. Tax exemptions 
30-A §6013. Insurance or guaranty 
30-A §6013-A. Maine Municipal Bond Insurance Fund 
30-A §6014. Governmental unit intercept 
30-A §6015. Undertakings of depositories 
30-A §6016. Purchase of municipal securities 
30-A §6017. Remedies on default of municipal securities 
30-A §6018. Purchase of anticipation notes 
30-A §6019. Agreements with financial institutions 
30-A §6020. Form of municipal securities and investments 
30-A §6021. Presumption of validity 
30-A §6022. Exemption of property from execution sale 
30-A §6023. Remedies of holders of bonds and notes 
30-A §6024. Personal liability 

Subchapter 4: PENSION COST REDUCTION BONDS

30-A §6041. Legislative findings (REPEALED) 
30-A §6042. Pension cost reduction bonds authorized (REPEALED) 
30-A §6043. Maine Municipal Bond Bank provisions (REPEALED) 
30-A §6044. Construction (REPEALED) 

Subchapter 5: LIQUOR OPERATION REVENUE BONDS

30-A §6051. Declaration of public policy; funding 
30-A §6052. Definitions 
30-A §6053. Liquor operation revenue bonds authorized 
30-A §6054. Liquor Operation Revenue Fund 
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
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