30-A §5719. Limitations on investments

30-A ME Rev Stat § 5719 (2019) (N/A)
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§5719. Limitations on investments

A municipality's authority to invest municipal funds is limited to investments permitted under this subchapter and a municipality has no authority under home rule authority or otherwise to make any investments other than those permitted under this subchapter.   [PL 1995, c. 206, §2 (NEW).]

SECTION HISTORY

PL 1995, c. 206, §2 (NEW).