United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 23, § 1972: Refunding bonds, 1981

The authority may authorize, by resolution, the issuance of turnpike revenue refunding bonds to refund outstanding bonds, including related redemption premiums and accrued interest.

bond issuancedebt refunding

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01

Purpose and legislative effect

“The authority may authorize, by resolution, the issuance of turnpike revenue refunding bonds to refund outstanding bonds, including related redemption premiums and accrued interest.”

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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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Refunding bonds

The authority may authorize, by resolution, the issuance of turnpike revenue refunding bonds to refund outstanding bonds, including related redemption premiums and accrued interest.

Section 1972

04

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

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Provision
§ 1972Refunding bondsProvision

The authority may authorize, by resolution, the issuance of turnpike revenue refunding bonds to refund outstanding bonds, including related redemption premiums and accrued interest.

The authority is authorized to provide by resolution for the issuance of turnpike revenue refunding bonds of the authority, including notes or other obligations defined as bonds under this chapter for the purpose of refunding any bonds then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of these bonds; and, if deemed advisable by the authority, for any additional purpose for which bonds authorized by this chapter may be issued. The issuance of the bonds, the maturities and other details thereof, the rights of the holders thereof and the rights, duties and obligations of the authority in respect of those rights, duties and obligations, shall be governed by this chapter insofar as these rights, duties and obligations may be applicable. [PL 1981, c. 595, §3 (NEW).]
Section 1972Verify source

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  • 1 Oct 2025 · currentEnglish

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