State Codes and Statutes
Statutes > Maine > Title20a > Title20-Ach418sec0 > Title20-Asec11513Title 20-A: EDUCATION
Part 5: POST-SECONDARY EDUCATION
Chapter 418: STUDENT LOAN CORPORATIONS
§11513. Act cumulative; no notice required
Neither this chapter nor anything contained in this chapter is or may be construed as a restriction or limitation upon any powers which the authority might otherwise have under any laws of this State, and this chapter is cumulative of any such powers. This chapter does and shall be construed to provide a completed, additional and alternative method for doing of the things authorized thereby and shall be regarded as supplemental and additional to powers otherwise conferred by other laws. Neither the making of contracts nor the issuance of bonds, notes and other obligations pursuant to this chapter need comply with the requirements of any other state law applicable to the making of contracts and the issuance of bonds, notes and other obligations. No proceeding, notice or approval may be required for the issuance of any bonds, notes or other obligations, or any instrument or security therefor, except as is provided in this chapter. [1983, c. 422, §21 (NEW).]
SECTION HISTORY
1983, c. 422, §21 (NEW).
