The Maine Redevelopment Land Bank Authority, as established in Title 5, section 12004-G, subsection 7-G and referred to in this chapter as "the redevelopment authority," is a body corporate and politic and a public instrumentality of the State. [2021, c. 664, §3(NEW).]
The purpose of the redevelopment authority is to assist municipalities and other entities in this State in the redevelopment of properties identified as eligible under section 5157, subsection 1 in order to return those properties to productive use. [2021, c. 664, §3(NEW).]
The purposes of this chapter are public and the redevelopment authority is performing a governmental function in carrying out this chapter. [2021, c. 664, §3(NEW).]
30-A M.R.S. § 5154