Sec. 5. 5 MRSA §13080-G, sub-§4, §A, as enacted by PL 1993, c. 474, §1, is amended to read:

A. Sold at not less than par at public sales held after notice has been published in a newspaper of general circulation in the area of operation and in any other medium of publication that the authority designates to any person on such terms as the authority may negotiate;

Sec. 6. 5 MRSA §13080-G, sub-§§7 and 9, as enacted by PL 1993, c. 474, §1, are amended to read:

7. No personal liability; not debt of State or municipality. Neither the trustees of the authority nor the person executing the bonds is liable personally on the bonds by reason of the issuance of the bonds. The bonds and other obligations of the authority must have stated on their face that they are not a debt of the State and that the State is not liable on the bonds. The bonds or obligations may not be payable out of funds or properties other than those of the authority acquired for the purposes of this article or otherwise pledged therefor.

9. Investment of funds; redemption of bonds. The authority may:

A. Invest, in property or securities in which savings banks may legally invest funds subject to their control, funds held in reserves, sinking funds or funds not required for immediate disbursement; and

B. Cancel its bonds by redeeming them at the redemption price established in the bonds or by purchasing them at less than redemption price.; and

C.__Invest funds in accordance with Title 30-A, chapter 223, subchapter 3-A.

Sec. 7. 5 MRSA §13080-G, sub-§§10 and 11 are enacted to read:

10.__Issue of bonds.__With respect to all or any portion of any issue of any bonds or any series of bonds that the authority may issue in accordance with this article, the authority may convenant and consent that the interest on the bonds is includable, under the United States Internal Revenue Code of 1986 or any subsequent corresponding internal revenue law of the