24 chapters · 377 sections in this title.
13 M.R.S. § 3163 Officers
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The corporation shall annually elect a president, clerk and treasurer. The treasurer shall give bond with sureties sufficient in the opinion of the trustees for the faithful discharge of the treasurer's duty. The clerk must be sworn.
13 M.R.S. § 3165 Investment of funds
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As soon as may be the corporation shall invest the proceeds of sale in the manner provided in Title 30‑A, chapter 223, subchapter III-A.
13 M.R.S. § 3166 Trustees may hold for use of ministry and schools
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The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed…
13 M.R.S. § 3167 Income to support schools
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All income derived from the ministerial and school lands, and from the rents and profits of real and personal estate held under section 3166, shall be annually applied to the support of public schools in the town or the schooling of resident students and expended like other schoo…