United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 5, § 18200: Name, establishment and purpose, 2007

The Participating Local District Retirement Program is established as a governmental qualified defined benefit plan and has corporate powers and privileges.

defined benefit planemployee benefits

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01

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“The Participating Local District Retirement Program is established as a governmental qualified defined benefit plan and has corporate powers and privileges.”

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    Enacted 2007 · 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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Name, establishment and purpose

The Participating Local District Retirement Program is established as a governmental qualified defined benefit plan and has corporate powers and privileges.

Section 18200

04

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Source record from legislature.maine.gov · Enacted 2007 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 18200Name, establishment and purposeProvision

The Participating Local District Retirement Program is established as a governmental qualified defined benefit plan and has corporate powers and privileges.

There is established the Participating Local District Retirement Program as a governmental qualified defined benefit plan pursuant to Sections 401(a) and 414(d) of the Internal Revenue Code and such other provisions of the Internal Revenue Code and United States Treasury regulations and other guidance as are applicable, which has the powers and privileges of a corporation. [PL 2009, c. 474, §26 (AMD).] The purpose of the Participating Local District Retirement Program is to provide retirement allowances and other benefits under this chapter for employees of participating local districts. [PL 2007, c. 491, §181 (NEW).]
Section 18200Verify source

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1 referenced instrument

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1 instrument

  • Internal Revenue Code

    Section 18200

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Current-law checkpoint
  • 1 Oct 2025 · currentEnglish

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