Me. Stat. tit. 20-A § 11421

Current through 131st (2023-2024) Legislature Chapter 684

Section 11421 - Refunding bonds

The authority may provide for issuance of refunding bonds of the authority to refund any outstanding bonds issued under this chapter, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption. The authority may provide for the issuance of bonds of the authority for the combined purpose of refunding any outstanding bonds, including refunding bonds issued under this chapter. The issuance of the bonds, the maturities and other details, the rights and remedies of the holders and the rights, powers, privileges, duties and obligations of the authority are governed by the provisions of this chapter insofar as they are applicable. [2015, c. 170, §20(AMD); 2015, c. 170, §30(AFF).]

20-A M.R.S. § 11421

Amended by 2015, c. 170,§ 20, eff. when the Executive Director of the Maine Educational Loan Authority certifies in writing to the Chief Executive Officer of the Finance Authority of Maine that any consents required under documents of the Maine Educational Loan Authority in connection with outstanding bonds of the Maine Educational Loan Authority, if any, have been received.

1987, c. 807, § 3 (NEW) .