Maine § 12004-F. - Bonding and financing organization
Full text of Maine Maine Revised Statutes § 12004-F. — Bonding and financing organization, with citation guidance and answers to common questions.
§ 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. [PL 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. [PL 1987, c. 786, §5 (NEW).]
This classification includes the following. [PL 1987, c. 786, §5 (NEW).]
| NAME OF ORGANIZATION | RATE OF COMPENSATION | STATUTORY REFERENCE |
1.
| Finance Authority of Maine | Legislative Per Diem | 10 MRSA §964 |
2.
| Maine Municipal Bond Bank, Board of Commissioners | Legislative Per Diem | 30‑A MRSA §5951 |
3.
| Maine State Housing Authority | Legislative Per Diem | 30‑A MRSA §4722 |
4.
| Maine Turnpike Authority, Board of Directors | Legislative Per Diem | 23 MRSA §1964‑A |
5. Maine Public Utility Financing Bank, Board of Commissioners
6.
| Maine Health and Higher Educational Facilities Authority | Legislative Per Diem | 22 MRSA §2054 |
7. Maine School Building Authority
8.
| Maine Port Authority | $100/Meeting Plus Expenses | 23 MRSA §4420 |
9.
| Board of Trustees, Maine Public Employees Retirement System | Legislative Per Diem | 5 MRSA §17102 |
10.
| State Employee Health Commission | Expenses Only | 5 MRSA §285‑A |
11.
| Maine Governmental Facilities Authority | Expenses Only | 4 MRSA §1602 |
12. Board of Directors, Student Educational Enhancement Deposit Plan
13. Maine Low-level Radioactive Waste Authority
14. Board of Trustees, Sludge and Residuals Utilization Research Foundation
15. Maine Educational Loan Authority
16.
| Northern New England Passenger Rail Authority | Legislative Per Diem | 23 MRSA §8111 |
17.
| Small Enterprise Growth Board | Expenses Only | 10 MRSA §471 |
18.
| Maine Rural Development Authority | Expenses Only | 5 MRSA §13120‑A |
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 12004-F.
What does Maine Revised Statutes § 12004-F. cover?
Section 12004-F. ("Bonding and financing organization") 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 § 12004-F.?
A common citation format is "Maine Revised Statutes § 12004-F." (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 § 12004-F. 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.