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Maine · Through October 1, 2025

10 M.R.S. §1071: Tax exemption

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Where this section sits in the code
  1. TITLE 10: COMMERCE AND TRADE
  2. PART 2: BUILDING AND DEVELOPMENT
  3. CHAPTER 110: FINANCE AUTHORITY OF MAINE
  4. SUBCHAPTER 4: MUNICIPAL SECURITIES APPROVAL PROGRAM

Revenue obligation securities issued under this subchapter shall constitute a proper public purpose and the securities, their transfer and the income from them, including any profit made on their sale, shall at all times be exempt from taxation within the State, whether or not those securities, their transfer or the income from them, including any profits made on their sale, are subject to taxation under the United States Internal Revenue Code, as amended.

Collected 2026-09-04T15:12:24Z. Source file · JSON

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