GroundRules
← Search the law
Maine · Through October 1, 2025

3 M.R.S. §553: Lapse of unused General Fund bond issues

Read at publisher ↗
Where this section sits in the code
  1. TITLE 3: LEGISLATURE
  2. CHAPTER 25: STATE DEBT

All General Fund bond issues passed by the Legislature for presentation to the voters shall contain language which stipulates that bond proceeds which have not been expended 10 years after the date of the sale of the bonds shall lapse to General Fund debt service.

Collected 2026-09-04T15:12:22Z. Source file · JSON

Browse this collection