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Maine · Through October 1, 2025

5 M.R.S. §887: Payment of premiums; purchase of shares; investment products

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Where this section sits in the code
  1. TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
  2. PART 2: CIVIL SERVICE
  3. CHAPTER 67: TAX-DEFERRED ARRANGEMENT

Notwithstanding any other provision of law to the contrary, those persons designated to administer the tax-deferred arrangements are authorized to make payment for investment products acquired as part of a tax-deferred arrangement. The payments are not construed to be a prohibited use of the general assets of the State, county, city or other political subdivision.

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

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