Maine Revised Statutes > Title 22 > Subtitle 3 > Part 3 > Chapter 1054-B – Parents as Scholars
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§ 3790 | Parents as Scholars Program |
Terms Used In Maine Revised Statutes > Title 22 > Subtitle 3 > Part 3 > Chapter 1054-B - Parents as Scholars
- Adult: means a person who has attained the age of 18 years. See Maine Revised Statutes Title 1 Sec. 72
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Benefit corporation: means a corporation:
A. See Maine Revised Statutes Title 13-C Sec. 1802Benefit director: means the director designated as the benefit director of a benefit corporation under section 1822. See Maine Revised Statutes Title 13-C Sec. 1802 Benefit enforcement proceeding: means a claim or action or proceeding for:
A. See Maine Revised Statutes Title 13-C Sec. 1802Benefit officer: means the individual designated as the benefit officer of a benefit corporation under section 1824. See Maine Revised Statutes Title 13-C Sec. 1802 Commissioner: means the Commissioner of Health and Human Services. See Maine Revised Statutes Title 22 Sec. 1-A Contract: A legal written agreement that becomes binding when signed. Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name. Dependent: A person dependent for support upon another. General public benefit: means a material positive impact on society and the environment, taken as a whole, assessed against a 3rd-party standard, from the business and operations of a benefit corporation. See Maine Revised Statutes Title 13-C Sec. 1802 Independent: means having no material relationship with a benefit corporation or a subsidiary of the benefit corporation, except that serving as benefit director or benefit officer does not make an individual not independent. See Maine Revised Statutes Title 13-C Sec. 1802 Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity. Minimum status vote: means :
A. See Maine Revised Statutes Title 13-C Sec. 1802Specific public benefit: means any particular benefit to society or the environment, including without limitation:
A. See Maine Revised Statutes Title 13-C Sec. 1802Subsidiary: means , in relation to a person, an entity in which the person owns beneficially or of record 50% or more of the outstanding equity interests, calculated as if all outstanding rights to acquire equity interests in the entity had been exercised. See Maine Revised Statutes Title 13-C Sec. 1802 Third-party standard: means a recognized standard for defining, reporting and assessing corporate social and environmental performance that:
A. See Maine Revised Statutes Title 13-C Sec. 1802Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72