Statutes, codes, and regulations
Maine Administrative Code
Department 19 - DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENTDivision 100 - ECONOMIC / COMMUNITY DEVELOPMENT
Chapter 2 - PULP AND PAPER TAX INCREMENT FINANCING AND ENVIRONMENTAL INVESTMENT PROGRAM RULE
Section 100-2-8 - PAYMENTS FROM DEVELOPMENT PROGRAM FUND ACCOUNT

19- 100 C.M.R. ch. 2, § 8

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Current through 2024-51, December 18, 2024
Section 100-2-8 - PAYMENTS FROM DEVELOPMENT PROGRAM FUND ACCOUNT

The development sinking fund account established pursuant to 30-A M.R.S.A. §5265(3)(A)(1) is pledged to and charged with the payment of the interest and principal as the interest and principal fall due and the necessary charges of paying interest and principal on notes, bonds or other evidences of indebtedness that were issued by the municipality or its designee to fund or refund the cost of the development program fund.

19- 100 C.M.R. ch. 2, § 8