20-A §11405. Powers and duties
Title 20-A: EDUCATION
Part 5: POST-SECONDARY EDUCATION
Chapter 417: FEDERAL FINANCIAL ASSISTANCE PROGRAMS HEADING: PL 1989, C. 698, §13 (RPR)
Subchapter 1: LOAN INSURANCE PROGRAMS HEADING: PL 1989, C. 698, §13 (RPR)
§11405. Powers and duties
Under this subchapter, the chief executive officer may: [1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF).]
1. Agent. Choose a suitable agent or agents to administer in whole or in part the affairs and activities required by this subchapter or by applicable federal provisions; and
[ 1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF) .]
2. Agreements. Enter into agreements with the United States Secretary of Education relating to federal, state and private programs of low-interest insured loans to students in institutions of higher education, within the federal Higher Education Act of 1965, 20 United States Code, Chapter 28, Title IV, Part B, as amended.
[ 1989, c. 698, §13 (RPR); 1989, c. 698, §76 (AFF) .]
3. Agreements.
[ 1989, c. 698, §13 (RP); 1989, c. 698, §76 (AFF) .]
SECTION HISTORY
1981, c. 693, §§5,8 (NEW). 1989, c. 698, §13 (RPR).