The authority may insure the payment of mortgage loans, secured by eligible projects, and may insure or guaranty insured certificates, and to this end the faith and credit of the State is pledged, consistent with the terms and limitations of the Constitution of Maine, Article IX, Sections 14-A and 14-D and such further limitations as may be provided by this subchapter.
Me. Rev. Stat. tit. 10, § 1021
Credit of State pledged
Known as the Finance Authority of Maine Act
The act spans §§ 961 to 1100-Z (220 sections).
PL 1981, c. 476, §2 (NEW)
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.