United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 20-A, § 11401: General provisions, 1981

This section states the subchapter’s purpose and defines “Authority” and “Chief executive officer.”

federal requirementsloan securitystudent loan insurance program

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“This section states the subchapter’s purpose and defines “Authority” and “Chief executive officer.””

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    Enacted 1981 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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General provisions

This section states the subchapter’s purpose and defines “Authority” and “Chief executive officer.”

Section 11401

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Source record from legislature.maine.gov · Enacted 1981 · Source version 1 Oct 2025

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Interpretation
§ 11401General provisionsInterpretation

This section states the subchapter’s purpose and defines “Authority” and “Chief executive officer.”

1. Purpose. The purpose of this subchapter is to allow the authority to continue a student loan insurance program, meeting certain federal requirements, in order to secure loans to students attending institutions of higher education, including career and technical education training institutions, and to parents of these students, in accordance with the Constitution of Maine, Article VIII, Part First, Section 2. [RR 2003, c. 2, §67 (COR).] 2. Definitions. As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. A. "Authority" means the Finance Authority of Maine. [PL 1989, c. 698, §13 (NEW); PL 1989, c. 698, §76 (AFF).] B. "Chief executive officer" means the Chief Executive Officer of the Finance Authority of Maine. [PL 1989, c. 698, §13 (NEW); PL 1989, c. 698, §76 (AFF).] [PL 1989, c. 698, §13 (NEW); PL 1989, c. 698, §76 (AFF).]
Section 11401Verify source

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  • 1 Oct 2025 · currentEnglish

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