Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 203 - ALLOCATION OF STATE CEILING ON PRIVATE ACTIVITY BONDS
Section 457-203-2 - State Allocation System
Universal Citation: 94 ME Code Rules ยง 457-203-2
Current through 2024-38, September 18, 2024
In lieu of the allocation of the State ceiling provided under Federal law, that portion of the State ceiling allocated to the Authority pursuant to applicable State law shall be allocated to issuers of private activity bonds as provided in this rule, provided that the Authority shall observe specific reservations for designated categories of projects and repooling dates pursuant to any applicable State law, and the categorical reservations in section 3 shall be subject to such law.
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