Maine § 17157. - Interest and dividend credits
Full text of Maine Maine Revised Statutes § 17157. — Interest and dividend credits, with citation guidance and answers to common questions.
§ 17157.. Interest and dividend credits
All interest and dividends earned on the funds of the retirement system shall be credited to the Retirement Allowance Fund. [PL 1985, c. 801, §§ 5, 7 (NEW).]
1. Transfer to Members' Contribution Fund. The board shall periodically allow regular interest on the individual accounts of members in the Members' Contribution Fund and shall transfer those amounts from the Retirement Allowance Fund to the Members' Contribution Fund.
2. Transfer to Survivors' Benefit Fund.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 17157.
What does Maine Revised Statutes § 17157. cover?
Section 17157. ("Interest and dividend credits") 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 § 17157.?
A common citation format is "Maine Revised Statutes § 17157." (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 § 17157. 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.