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 §5953. Lending and borrowing powers generally
§5953. Lending and borrowing powers generally 1. Powers. For the purposes authorized by this chapter, the bank may: A. Lend money to governmental units through the bank’s purchase of municipal securities of governmental units in fully marketable form; [PL 1987, c. 737, Pt. A, §2 (NEW); PL 1987, c. 737, Pt. C, §106 […]
30-A §5953-A. Loans from revolving loan fund
§5953-A. Loans from revolving loan fund 1. Loan application. A municipality may apply for a loan from the revolving loan fund, the proceeds of which must be used for the following: A. To acquire, design, plan, construct, enlarge, repair or improve a publicly owned sewage or water system or sewage or water treatment plant […]
30-A §5953-B. Loans from safe drinking water revolving loan fund
§5953-B. Loans from safe drinking water revolving loan fund 1. Loan application. In addition to the other forms of financial assistance available under section 6006‑B, a public water system that is a community water system or a nonprofit water system that is not a community water system may apply for a loan from the safe […]
30-A §5953-C. Loans for energy efficiency improvements in municipal and school buildings
§5953-C. Loans for energy efficiency improvements in municipal and school buildings This section establishes a program to promote energy efficiency and indoor air quality in municipal and school buildings. [PL 1993, c. 605, §1 (NEW).] 1. Efficiency Partners Program. The bank shall establish the Efficiency Partners Program, referred to in this section as “the […]
30-A §5953-D. Assistance from Municipal Investment Trust Fund
§5953-D. Assistance from Municipal Investment Trust Fund 1. Application for public service infrastructure grants and loans. In addition to the other forms of financial assistance available under section 6006‑D, an eligible municipality or group of municipalities may apply for a public service infrastructure grant or loan from the Municipal Investment Trust Fund, in this section […]