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25,400 statutes · page 51 of 1270
United States — Maine legislation
20 statutes shown from 25,400 source-backed records
The foundation has no power to make contracts, obligations, or commitments for the State or its agencies, and no eminent domain power or other powers not generally given to business corporations.
Certain foundation officers, directors, employees, and agents must be bonded if they handle securities or are authorized to disburse foundation funds.
Foundation officers, directors, and employees may not receive direct personal benefit from the foundation’s assistance to private entities.
The Governor may accept donations and similar property interests for the foundation and transfer them to the foundation.
The foundation must provide an annual report and an independent audit of its activities to specified recipients, and it must also submit to any additional audit and review the Governor or Legislative Council considers necessary, at State expense.
The foundation must operate as a not-for-profit, cannot let net earnings benefit insiders, and on dissolution its corporators must transfer remaining assets to the State after liabilities are paid or provided for.
This chapter must be read broadly to support the foundation’s economic development purposes in the State.
The Governor must appoint a 14-person organizing committee and designate its chair; the committee must recruit corporators and hold an initial meeting within 6 months of October 24, 1977.
1. The Maine Economic Growth Council; establishment. The Maine Economic Growth Council, referred to in this section and section 929‑B as "the council," is established to develop, maintain and evaluate a long-term economic plan for the
The council must develop and keep updating a long-term sustainable state economy plan, use specified planning guidelines, and report the plan to the Legislature’s housing and economic development committee.
The Maine Economic Growth Council must support and track progress toward a 2030 research-and-development spending goal and file an annual accountability update by December 1 each year.
This section says the chapter may be cited as the Uniform Electronic Transactions Act.
This section defines terms used in the chapter, including agreement, electronic record, electronic signature, person, record, and transaction.
This section says the chapter generally applies to electronic records and electronic signatures used in a transaction, but not when the transaction is governed by certain wills/trusts law or most of the Uniform Commercial Code.
This chapter applies to any electronic record or electronic signature created, generated, sent, communicated, received or stored on or after the effective date of this chapter. [PL 1999, c. 762, §2 (NEW).]
This section says records and signatures are not required to be electronic, applies only when both parties agree to use electronic transactions, and lets a consenting party refuse other electronic transactions.
This chapter must be construed and applied: [PL 1999, c. 762, §2 (NEW).] 1. Facilitation. To facilitate electronic transactions consistent with other applicable law; [PL 1999, c. 762, §2 (NEW).] 2. Reasonable practices. To be consistent
Electronic records, electronic signatures, and electronic contracts may not be denied legal effect solely because they are electronic.
Electronic writing and record requirements can be satisfied by an electronic record if it can be retained by the recipient, and some record-delivery rules may be followed electronically or varied by agreement.
An electronic record or electronic signature is attributable to a person if it was that person’s act.
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