An association may establish reserves and invest the funds thereof in bonds or in such other property as may be provided in the bylaws. <div
Me. Rev. Stat. tit. 13, § 2234
Reserves; investments
Known as the Fish Marketing Act
The act spans §§ 2001 to 2287 (66 sections).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.