§13083-J. Use of operating revenues
1. Principal use of revenue.
Operating revenue must be used principally to reinvest in the properties held by
the authority.
[
2005, c. 599, §1 (NEW)
.]
2. Permitted liability limited.
All expenses incurred in carrying out this article must be paid solely from funds
provided under the authority of this article, and liability or obligation may not
be incurred under this article beyond the extent to which money has been provided
under the authority of this article.
[
2005, c. 599, §1 (NEW)
.]
3. Equal opportunity employers.
Contractors and subcontractors on authority construction and reconstruction projects
must be equal opportunity employers and, for contracts in excess of $250,000, shall
pursue in good faith affirmative action programs as defined in section 782. The authority
may by rule provide for the enforcement of this requirement.
[
2005, c. 599, §1 (NEW)
.]
SECTION HISTORY
2005, c. 599, §1 (NEW).