US Lawyer Database

30-A §6110. Duration of power of board

§6110. Duration of power of board The board shall continue in charge of the government and financial affairs of the municipality until:   [PL 1987, c. 737, Pt. C, §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. […]

30-A §6111. Complaint; notice

§6111. Complaint; notice 1.  Commissioners may file complaint.  If the commissioner or commissioners who are in charge of the affairs of any municipality under this chapter believe that the municipality has incurred, prior to the date on which the board took over the administration of the municipality’s affairs, debts and obligations in excess of the […]

30-A §6112. Voluntary compromise settlements

§6112. Voluntary compromise settlements 1.  Settlement offers authorized.  The board, when it considers it advisable to do so for the purpose of reestablishing upon a sound financial basis any municipality under its control, may at any time in behalf of the municipality offer compromise settlements to any of its creditors upon:   A. Claims, demands […]

30-A §6051. Declaration of public policy; funding

§6051. Declaration of public policy; funding The Legislature finds and declares that revenue financing bonds as authorized in this subchapter are tax-exempt or taxable bonds payable from sources as provided in this subchapter and such bonds do not include a legal or equitable claim against tax revenues of the State and do not represent constitutional […]

30-A §6113. Reporting

§6113. Reporting Notwithstanding the provisions of Title 5, section 12005‑A, the board is not required to file an annual report with the Secretary of State unless the board meets and exercises any of its powers and duties during a calendar year. In any calendar year in which the board meets and exercises any of its […]

30-A §6052. Definitions

§6052. Definitions As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2013, c. 269, Pt. B, §2 (NEW).] 1.  Ancillary obligation.  “Ancillary obligation” means the obligation of the bond bank in connection with liquor operation revenue bonds issued under this subchapter under any of the […]

30-A §6201. Definitions

§6201. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2005, c. 266, §2 (NEW).] 1.  Commissioner.  “Commissioner” means the Commissioner of Economic and Community Development.   [PL 2017, c. 313, §1 (AMD).] 1-A.  Capital grant.  “Capital grant” means a grant award from the […]

30-A §6053. Liquor operation revenue bonds authorized

§6053. Liquor operation revenue bonds authorized 1.  Revenue bonds.  Notwithstanding any other provision of law and upon written approval of the Governor, the bond bank may issue liquor operation revenue bonds of up to $183,500,000 plus financing costs, and excluding bonds to refund bonds, for the purpose of retiring amounts determined by the Commissioner of […]

30-A §6202. Fund source; nonlapsing; dedicated, special revenue account

§6202. Fund source; nonlapsing; dedicated, special revenue account There is established the Fund for the Efficient Delivery of Local and Regional Services to assist those municipalities that collaborate with other municipalities, counties or state agencies to obtain savings in the cost of delivering local and regional governmental services. The fund consists of revenues transferred from […]