Article V--Part Third, Maine Constitution

Maine Constitution
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Article V - Part Third of the Maine Constitution is entitled Treasurer and consists of six sections, including section 1-A.

Section 1

	Text of Section 1: Election The Treasurer shall be chosen biennially, at the first session of the Legislature, by joint ballot of the Senators, and Representatives in convention.

Section 1-A

	Text of Section 1-A: Succession to the office of Treasurer Succession to the office of Treasurer. If a vacancy occurs in the office of Treasurer of State, the deputy treasurer of state shall act as the Treasurer of State until a Treasurer of State is elected by the Legislature during the current session if in session, or at the next regular or special session.

Section 2

	Text of Section 2: Bond The Treasurer shall, before entering on the duties of that office, give bond to the State with sureties, to the satisfaction of the Legislature, for the faithful discharge of that trust.

Amendments

• Maine Removal of Gender Biased Constitutional Language, Question 7 (1988), which was approved on November 8, 1988.

Section 3

	Text of Section 3: Not to Engage in Trade The Treasurer shall not, during the treasurer's continuance in office, engage in any business of trade or commerce, or as a broker, nor as an agent or factor for any merchant or trader.

Amendments

• Maine Removal of Gender Biased Constitutional Language, Question 7 (1988), which was approved on November 8, 1988.

Section 4

	Text of Section 4: No Money Drawn Except upon Appropriation or Allocation No money shall be drawn from the treasury, except in consequence of appropriations or allocations authorized by law.

Section 5

Text of Section 5: Bonding Regulations; Prohibiting Use of Proceeds from Sale of Bonds to Fund Current Expenditures The Legislature shall enact general law prohibiting the use of proceeds from the sale of bonds to fund current expenditures and shall provide by appropriation for the payment of interest upon and installments of principal of all bonded debt created on behalf of the State as the same shall become due and payable. If at any time the Legislature shall fail to make any such appropriation, the Treasurer of State shall set apart from the first General Fund revenues thereafter received a sum sufficient to pay such interest or installments of principal and shall so apply the moneys thus set apart. The Treasurer of State may be required to set apart and apply such revenues at the suit of any holder of such bonds. The prohibition on use of proceeds from the sale of bonds to fund current expenditures shall only apply to those bonds authorized on or after July 1, 1977.

See also

• List of amendments to the Maine Constitution
• State constitution
• Constitutional article
• Constitutional amendment
• Constitutional revision
• Constitutional convention
• Amendments
  • Initiated constitutional amendment
  • Legislatively-referred constitutional amendment
  • Publication requirements for proposed state constitutional amendments
  • Rules about constitutional conventions in state constitutions
  • State constitutional articles governing state legislatures

External links

Suggest a link

• Maine.gov, "Constitution of the State of Maine"
• Maine.gov, "Enacted Constitutional Amendments from 1911 - Present"
• Maine.gov, "Constitution of the State of Maine 1820"
• Maine: An Encyclopedia, "Constitution, Maine"

Additional reading

• Tinkle, Marshall J. (2013). The Maine State Constitution, New York, New York: Oxford University Press
• Palmer, Kenneth T. and Marcus LiBrizzi. (1989). "Development of the Maine Constitution: The Long Tradition, 1819-1988." Maine Historical Society Quarterly
• Hatch, Louis Clinton (1919). Maine: A History, New York, New York: The American Historical Society