{"data":{"id":"us-me/5-m.r.s.-12004-f","jurisdiction":"us-me","citation":"5 M.R.S. §12004-F","heading":"Bonding and financing organization","body":"Bonding and financing organizations have the primary responsibilities to finance construction of projects, new businesses or business expansions; administer pension funds or the proceeds of bond sales; and administer organizations created to fulfill these responsibilities.\nThe primary powers of these boards include the authority to hold hearings and adopt rules; establish procedures and standards; lease or acquire property; enter into contracts; sell bonds; invest income; and borrow money.\nThis classification includes the following.\nNAME OF ORGANIZATION | RATE OF COMPENSATION | STATUTORY REFERENCE\n1.\nFinance Authority of Maine | Legislative Per Diem | 10 MRSA §964\n2.\nMaine Municipal Bond Bank, Board of Commissioners | Legislative Per Diem | 30‑A MRSA §5951\n3.\nMaine State Housing Authority | Legislative Per Diem | 30‑A MRSA §4722\n4.\nMaine Turnpike Authority, Board of Directors | Legislative Per Diem | 23 MRSA §1964‑A\n5.\nMaine Public Utility Financing Bank, Board of Commissioners\n6.\nMaine Health and Higher Educational Facilities Authority | Legislative Per Diem | 22 MRSA §2054\n7.\nMaine School Building Authority\n8.\nMaine Port Authority | $100/Meeting Plus Expenses | 23 MRSA §4420\n9.\nBoard of Trustees, Maine Public Employees Retirement System | Legislative Per Diem | 5 MRSA §17102\n10.\nState Employee Health Commission | Expenses Only | 5 MRSA §285‑A\n11.\nMaine Governmental Facilities Authority | Expenses Only | 4 MRSA §1602\n12.\nBoard of Directors, Student Educational Enhancement Deposit Plan\n13.\nMaine Low-level Radioactive Waste Authority\n14.\nBoard of Trustees, Sludge and Residuals Utilization Research Foundation\n15.\nMaine Educational Loan Authority\n16.\nNorthern New England Passenger Rail Authority | Legislative Per Diem | 23 MRSA §8111\n17.\nSmall Enterprise Growth Board | Expenses Only | 10 MRSA §471\n18.\nMaine Rural Development Authority | Expenses Only | 5 MRSA §13120‑A","path":["TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES","PART 18: ADMINISTRATIVE PROCEDURES","CHAPTER 379: BOARDS, COMMISSIONS, COMMITTEES AND SIMILAR ORGANIZATIONS","SUBCHAPTER 1: COMPENSATION"],"source_url":"https://legislature.maine.gov/statutes/5/title5sec12004-F.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:22Z","sha256":"1f5c50a53f88c596c65f4adea2ec8e5ff58d6331859b2d217bb7ac59b4592bdd","source_id":"us-me","stale":false,"prev":"us-me/5-m.r.s.-12004-e","next":"us-me/5-m.r.s.-12004-g"},"notice":"GroundRules: Original legal text. Not legal advice."}