30-A §5957. Allocation of state ceiling; recovery zone economic development bonds; qualified energy conservation bonds
§5957. Allocation of state ceiling; recovery zone economic development bonds; qualified energy conservation bonds By rulemaking under Title 5, chapter 375, subchapter 2, the bank may establish a process for allocation and carry-forward of that portion of the state ceiling on issuance of tax-exempt bonds allocated to the bank under Title 10, chapter 9. The […]
30-A §6006-H. State Water and Wastewater Infrastructure Fund
§6006-H. State Water and Wastewater Infrastructure Fund 1. Establishment; purposes. The State Water and Wastewater Infrastructure Fund, referred to in this section as “the fund,” is established as provided in this section. A. The fund is established in the custody of the bank as a special fund to provide financial assistance for capital investment […]
30-A §5958. Prohibited acts and limitation of powers
§5958. Prohibited acts and limitation of powers The bank may not: [PL 1987, c. 737, Pt. A, §2 (NEW); PL 1987, c. 737, Pt. C, §106 (NEW); PL 1989, c. 6 (AMD); PL 1989, c. 9, §2 (AMD); PL 1989, c. 104, Pt. C, §§8, 10 (AMD).] 1. Loans. Make loans of money to […]
30-A §6007. General fund
§6007. General fund 1. General fund established; money deposited. The bank shall establish and maintain a fund called the “general fund” which shall consist of and in which there shall be deposited: A. Fees received or charges made by the bank for the use of its services or facilities; [PL 1987, c. 737, […]
30-A §5959. Rules; reports
§5959. Rules; reports 1. Rules. Appropriate state agencies and the bank may adopt rules and policies necessary to: A. Implement sections 5953‑A, 5953‑B, 6006‑A, 6006‑B and 6006‑D to ensure the self-sustaining nature of the funds created under sections 6006‑A and 6006‑B and that portion of the fund under section 6006‑D determined to be self-sustaining; […]
30-A §6008. Additional reserves and funds
§6008. Additional reserves and funds The bank may establish any additional and further reserves or any other funds or accounts that are, in its discretion, necessary, desirable or convenient to further the accomplishment of the purposes of the bank to comply with the provisions of any agreement made by or any resolution of the bank. […]
30-A §6001. Budget
§6001. Budget Not later than June 1st of each year the bank shall prepare and file in the office of the Bureau of the Budget a budget of its operating expenses for the ensuing fiscal year. This budget: [PL 1987, c. 737, Pt. A, §2 (NEW); PL 1987, c. 737, Pt. C, §106 (NEW); […]
30-A §6002. Annual report
§6002. Annual report On or before the last day of December in each year, the bank shall make an annual report of its activities for the preceding fiscal year to the Governor. This report shall set forth a complete operating and financial statement covering its operations during the year. The bank shall have an audit […]
30-A §6003. Bonds and notes of the bank
§6003. Bonds and notes of the bank 1. Bonds authorized. The bank may issue its bonds from time to time in any principal amounts that it considers necessary to provide funds for any of the purposes authorized by this chapter, including: A. The making of loans; [PL 1987, c. 737, Pt. A, §2 […]
30-A §6004. Resolutions and indentures
§6004. Resolutions and indentures 1. Trust agreement or trust indenture authorized. In any resolution of the bank authorizing or relating to the issuance of any bonds or notes, the bank, in order to secure the payment of those bonds or notes may, by provisions in the resolution, enter into any trust agreement or trust indenture […]