Maine § 6211. - Land for Maine's Future Board-sponsored credit card
Full text of Maine Maine Revised Statutes § 6211. — Land for Maine's Future Board-sponsored credit card, with citation guidance and answers to common questions.
§ 6211.. Land for Maine's Future Board-sponsored credit card
1. Land for Maine's Future Board-sponsored credit card. The Land for Maine's Future Board may enter into an agreement with a financial institution, as defined in Title 9‑B, section 131, subsection 17, a credit union, as defined in Title 9‑B, section 131, subsection 12, or other credit card issuer to issue a credit card for the benefit of the Land for Maine's Future Board.
2. Agreement. If the Land for Maine's Future Board enters into an agreement with a financial institution, credit union or other credit card issuer in accordance with subsection 1, the Land for Maine's Future Board shall negotiate the most favorable agreement for the Land for Maine's Future Board, considering such factors as:
A. The rate for the Land for Maine's Future Board's fee by a credit card issuer; [PL 1995, c. 358, §1 (NEW).]
B. The ability of the financial institution or other credit card issuer to market the card successfully; and [PL 1995, c. 516, §1 (AMD).]
C. Customer service offered by the financial institution or other credit card issuer. [PL 1995, c. 516, §1 (AMD).]
3. Distribution of proceeds. Funds received by the Land for Maine's Future Board under the agreement with the financial institution, credit union or other credit card issuer must be deposited in a separate, interest-bearing account within the Land for Maine's Future Trust Fund. The account must be held separate and apart from all other money, funds and accounts. Eligible investment earnings credited to the assets of the account become part of the assets of the account. Any balance remaining in the account at the end of any fiscal year must be carried forward to the next fiscal year. Notwithstanding section 6203‑D, subsection 2, the board may expend funds deposited in the account pursuant to this section to cover administrative costs and for staff support and consulting services, as determined necessary by the board to carry out its duties under this chapter.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 6211.
What does Maine Revised Statutes § 6211. cover?
Section 6211. ("Land for Maine's Future Board-sponsored credit card") 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 § 6211.?
A common citation format is "Maine Revised Statutes § 6211." (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 § 6211. 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.