35-A §9212. Gifts and contributions
Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Part 7: TELECOMMUNICATIONS HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Chapter 93: ADVANCED TECHNOLOGY INFRASTRUCTURE HEADING: PL 2005, C. 665, §3 (NEW)
§9212. Gifts and contributions
The authority may accept gifts and contributions on behalf of the authority for the purpose of designing, constructing, reconstructing, renovating or acquiring a project. [2005, c. 665, §3 (NEW).]
The authority, in accepting gifts of money, federal funds or other types of income, shall place this money in a special account for the purpose for which it is provided. The authority may invest the money in accordance with the purposes of this chapter, subject to any limitations imposed by the donor. [2005, c. 665, §3 (NEW).]
SECTION HISTORY
2005, c. 665, §3 (NEW).