United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 30-A, § 935: Franklin County loans, 1987

Franklin County commissioners may borrow money for county use up to $50,000 and may issue notes or obligations with lawful-interest coupons to pay the loans.

county financecounty property improvementspublic borrowing

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Official source

01

Purpose and legislative effect

“Franklin County commissioners may borrow money for county use up to $50,000 and may issue notes or obligations with lawful-interest coupons to pay the loans.”

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02

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  1. 01

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    Enacted 1987 · 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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Franklin County loans

Franklin County commissioners may borrow money for county use up to $50,000 and may issue notes or obligations with lawful-interest coupons to pay the loans.

Section 935

04

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Source record from legislature.maine.gov · Enacted 1987 · Source version 1 Oct 2025

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Provision
§ 935Franklin County loansProvision

Franklin County commissioners may borrow money for county use up to $50,000 and may issue notes or obligations with lawful-interest coupons to pay the loans.

The county commissioners of Franklin County may obtain loans of money for the use of Franklin County, not to exceed $50,000, and cause notes or obligations, with coupons for lawful interest, to be issued for payment of the loans. Any loans of money in excess of $10,000 may be incurred only for the purpose of building, rebuilding, altering or otherwise improving county owned real estate and personal property in that real estate. [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).]
Section 935Verify source

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  • 1 Oct 2025 · currentEnglish

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