5 §12004-F. Bonding and financing organization
Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18: ADMINISTRATIVE PROCEDURES HEADING: PL 1977, C. 551, §3 (NEW)
Chapter 379: BOARDS, COMMISSIONS, COMMITTEES AND SIMILAR ORGANIZATIONS HEADING: PL 1983, C. 812, §39 (NEW); 1987, C. 786, §2 (RPR)
Subchapter 1: COMPENSATION HEADING: PL 1987, C. 786, §2 (RPR)
§12004-F. Bonding and financing organization
Bonding and financing organizations have the primary responsibilities to finance construction of projects, new businesses or business expansions; administer pension funds or the proceeds of bond sales; and administer organizations created to fulfill these responsibilities. [1987, c. 786, §5 (NEW).]
The primary powers of these boards include the authority to hold hearings and adopt rules; establish procedures and standards; lease or acquire property; enter into contracts; sell bonds; invest income; and borrow money. [1987, c. 786, §5 (NEW).]
This classification includes the following. [1987, c. 786, §5 (NEW).]
| NAME OF ORGANIZATION | RATE OF COMPENSATION | STATUTORY REFERENCE |
1.
| Finance Authority of Maine | Legislative Per Diem | 10 MRSA §964 |
[ 1987, c. 786, §5 (NEW) .]
2.
| Maine Municipal Bond Bank, Board of Commissioners | Legislative Per Diem | 30-A MRSA §5951 |
[ 1989, c. 503, Pt. A, §9 (AMD) .]
3.
| Maine State Housing Authority | Legislative Per Diem | 30-A MRSA §4722 |
[ 1989, c. 503, Pt. A, §9 (AMD) .]
4.
| Maine Turnpike Authority | Legislative Per Diem | 23 MRSA §1965 |
[ 1987, c. 786, §5 (NEW) .]
5.
| Maine Public Utility Financing Bank, Board of Commissioners | Legislative Per Diem | 35-A MRSA §2904 |
[ 1987, c. 786, §5 (NEW) .]
6.
| Maine Health and Higher Educational Facilities Authority | Legislative Per Diem | 22 MRSA §2054 |
[ 1987, c. 786, §5 (NEW) .]
7. Maine School Building Authority
[ 1993, c. 494, §1 (RP) .]
8.
| Maine Port Authority | $100/Meeting Plus Expenses | 23 MRSA §4420 |
[ 2007, c. 134, §2 (AMD) .]
9.
| Board of Trustees, Maine Public Employees Retirement System | Legislative Per Diem | 5 MRSA §17102 |
[ 1987, c. 786, §5 (NEW); 2007, c. 58, §3 (REV) .]
10.
| State Employee Health Commission | Expenses Only | 5 MRSA §285-A |
[ 1989, c. 503, Pt. A, §10 (RPR) .]
11.
| Maine Governmental Facilities Authority | Expenses Only | 4 MRSA §1602 |
[ 1999, c. 790, Pt. A, §2 (AMD) .]
12. Board of Directors, Student Educational Enhancement Deposit Plan
[ 1991, c. 622, Pt. S, §6 (RP) .]
13. Maine Low-level Radioactive Waste Authority
[ 1993, c. 664, §1 (RP) .]
14. Board of Trustees, Sludge and Residuals Utilization Research Foundation
[ 1999, c. 668, §20 (RP) .]
15.
| Maine Educational Loan Authority | Legislative Per Diem | 20-A MRSA §11414 |
[ 1989, c. 503, Pt. A, §11 (NEW) .]
16.
| Northern New England Passenger Rail Authority | Legislative Per Diem | 23 MRSA §8111 |
[ 1995, c. 374, §1 (NEW) .]
17.
| Small Enterprise Growth Board | Expenses Only | 10 MRSA §471 |
[ 1995, c. 699, §1 (NEW) .]
18.
| Maine Rural Development Authority | Expenses Only | 5 MRSA §13120-A |
[ 2001, c. 703, §1 (NEW) .]
SECTION HISTORY
1987, c. 786, §5 (NEW). 1989, c. 503, §§A9-11 (AMD). 1991, c. 622, §S6 (AMD). 1993, c. 494, §1 (AMD). 1993, c. 664, §1 (AMD). 1995, c. 374, §1 (AMD). 1995, c. 699, §1 (AMD). 1999, c. 668, §20 (AMD). 1999, c. 790, §A2 (AMD). 2001, c. 703, §1 (AMD). 2007, c. 58, §3 (REV). 2007, c. 134, §2 (AMD).