Code of Maine Rules
28 - DEPARTMENT OF THE TREASURY
248 - TREASURER OF STATE
Chapter 101 - LINKED INVESTMENT PROGRAM
Section 248-101-II - Allocation of funds

Universal Citation: 28 ME Code Rules § 248-101-II
Current through 2025-13, March 26, 2025

The Treasurer shall allocate the total amount of the funds available for investment under 5 M.R.S.A. Section135 to the counties of the State on the basis of each county's percentage of the total State cash sales of agricultural products as reported in the most recent United States Census of Agriculture. Until April 1 of each year, the funds so allocated to each county shall be available for investment only in support of qualified loans to agricultural enterprises located in that county. After April 1 of each year, the Treasurer may invest any remaining funds to support a qualified loan or loans without regard to the county of location of the agricultural enterprises to which the loan is made.

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