Title 10, Title 10

A qualifying venture fund or a qualifying small business may be eligible to receive financial assistance under the program. In order to be eligible for financial assistance under the program, a qualifying venture fund must meet the requirements of section 383, subsection 1‑B. In …

In order to effectively review and process applications under the program, the board may delegate the authority to deny applications for disbursements from the fund to one or more subcommittees of the members. Such delegation may provide that the action of the subcommittee consti…

Disbursements may be made from program funds under the following terms and conditions. [PL 1995, c. 699, §3 (NEW).] 1. Disbursements. Initial disbursements may not exceed $500,000 to a qualifying venture fund or qualifying small business, including an affiliated entity. An initia…

The University of Maine System, the Small Business Development Center Program, the Maine International Trade Center and the Maine Technology Institute shall provide such support and assistance as the board may request, within the expertise of each.

Notwithstanding Title 5, section 18, subsection 1, paragraph B, each member of the board, and each employee, contractor, agent or other representative of the board is deemed an "executive employee" solely for purposes of Title 5, section 18, and for no other purpose. Title 17, se…

1. Disclosure required. Notwithstanding subsections 2 and 3, and except as provided in subsection 2, paragraph F, the board shall make available the following records, either to any person upon a request that reasonably describes the records to which access is sought or, if no re…

The board shall administer and exercise the authority granted to it by this chapter. The carrying out of its powers and duties is considered the performance of an essential governmental function.