The owners, at a meeting held under section 3101, may by a majority vote of the owners present and voting in person or by written proxy or absentee ballot authorize:

1. 1. Contract for repair A contract for repairs or maintenance to the private road, private way or bridge by the year or for a lesser time and may raise money for that purpose pursuant to section 3101, subsection 5; and

   [PL 2023, c. 387, §2 (NEW).]

2. 2. Reserve account A reserve account to be established to hold funds solely to be used for repairs and maintenance.

   [PL 2023, c. 387, §2 (NEW).]

PL 1997, c. 682, §2 (AMD). PL 2005, c. 479, §1 (AMD). PL 2007, c. 625, §3 (AMD). PL 2013, c. 198, §9 (AMD). PL 2023, c. 387, §2 (RPR).