GroundRules
30-A M.R.S. §6006-E: Maine school facilities finance lease-purchase program
Where this section sits in the code
- TITLE 30-A: MUNICIPALITIES AND COUNTIES
- PART 2: MUNICIPALITIES
- CHAPTER 225: MAINE MUNICIPAL BOND BANK
- SUBCHAPTER 3: FINANCIAL OPERATION
In addition to and in furtherance of any other assistance available to a school administrative unit in this chapter, the bank, in cooperation with the Department of Education, shall establish a lease-purchase program for buildings to be used by all school administrative units whose school facility lease-purchase payments receive reimbursement, subsidy or other payment from the State. For the purposes of this section, a lease-purchase program is a system for awarding leases for a school administrative unit pursuant to a competitive bidding process.
Collected 2026-10-10T12:17:12Z. Source file · JSON
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