Maine § 1023-P. - Dairy Improvement Fund
Full text of Maine Maine Revised Statutes § 1023-P. — Dairy Improvement Fund, with citation guidance and answers to common questions.
§ 1023-P.. Dairy Improvement Fund
The Dairy Improvement Fund, referred to in this section as "the fund," is created. The fund must be deposited with and maintained by the authority. The Commissioner of Agriculture, Conservation and Forestry shall administer the fund in accordance with Title 7, section 2910‑B and this section. All money received by the authority in accordance with Title 7, section 2910‑B and Title 8, section 1036, subsection 2‑A, paragraph M must be credited to the fund. Money credited to the fund must be used to provide loans to assist dairy farmers in making capital improvements to maintain and enhance the viability of their farms and to pay the administrative costs of processing loan applications and servicing and administering the fund and loans made from the fund. [PL 2011, c. 625, §5 (NEW); PL 2011, c. 657, Pt. W, §6 (REV).]
Repayment of loans and interest on these loans must be credited to the fund and may be used for the purposes stated in this section and Title 7, section 2910‑B. [PL 2011, c. 625, §5 (NEW).]
The authority may adopt rules necessary to implement this section. Rules adopted pursuant to this paragraph are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A. [PL 2011, c. 625, §5 (NEW).]
Frequently Asked Questions About Maine § 1023-P.
What does Maine Revised Statutes § 1023-P. cover?
Section 1023-P. ("Dairy Improvement Fund") 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 § 1023-P.?
A common citation format is "Maine Revised Statutes § 1023-P." (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 § 1023-P. 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.