Maine § 384. - Board
Full text of Maine Maine Revised Statutes § 384. — Board, with citation guidance and answers to common questions.
§ 384.. Board
1. Establishment; membership. There is established as a body corporate and politic and a public instrumentality of the State the Small Enterprise Growth Board, which consists of 11 members appointed by the Governor as follows:
A. An experienced commercial lender; [PL 1995, c. 699, §3 (NEW).]
B. An attorney with knowledge of securities law; [PL 1995, c. 699, §3 (NEW).]
C. Five members of the public who have knowledge and experience in managing or investing in high-growth small businesses; [PL 1995, c. 699, §3 (NEW).]
D. Three members of the public who have knowledge and experience in the development of technological innovation; and [PL 1995, c. 699, §3 (NEW).]
E. The Commissioner of Economic and Community Development or the commissioner's designee, who shall serve as a voting ex officio member of the board. [PL 1995, c. 699, §3 (NEW).]
2. Officers. The board shall annually elect a chair, vice-chair and treasurer from among its members.
3. Terms. The members other than the Commissioner of Economic and Community Development or the commissioner's designee serve for 3-year terms and may be reappointed for up to 2 consecutive terms. A member may serve for more than 2 3-year terms if the terms are not consecutive.
4. Compensation. Members are entitled to compensation in accordance with Title 5, chapter 379.
Frequently Asked Questions About Maine § 384.
What does Maine Revised Statutes § 384. cover?
Section 384. ("Board") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 384.?
A common citation format is "Maine Revised Statutes § 384." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 384. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.