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65 chapters · 698 sections in this title.
35-A M.R.S. § 10201 Declaration of public purpose
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It is declared that the establishment and implementation of commercial property assessed clean energy, or commercial PACE, programs to finance energy savings improvements are public purposes.
35-A M.R.S. § 10202 Definitions
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2021, c. 142, §1 (NEW).] 1. Commercial PACE. "Commercial PACE" means commercial property assessed clean energy. 2. Commercial PACE agreement. "Commercial PACE agr…
35-A M.R.S. § 10203 Commercial PACE programs
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1. Establishment; administration. The trust, a 3rd party contracted by the trust or a municipality that has adopted a commercial PACE ordinance may establish a commercial PACE program. Notwithstanding any provision of law to the contrary, the trust may use funds from its administ…
35-A M.R.S. § 10204 Consumer underwriting and disclosure
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1. Underwriting. A commercial PACE agreement entered into pursuant to a commercial PACE program must comply with underwriting requirements established by rule by the trust. Underwriting requirements established by the trust must, at a minimum: A. Provide that the term of the comm…