Floor (definition)
| Action “on the floor” is that which occurs as part of a formal session of the full chamber of the legislature. An action “from the floor” is one taken by a legislator during a session. A legislator who has been recognized to speak by the Chair is said to “have the floor.” | ||
| Federal Law | ||
| means the lowermost timber connecting the main frames at the keel when that timber extends the full depth of the frames to which it is fastened 46 CFR 69.103 | ||
| State Law | ||
| Kentucky | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance, or value of one (1) or more underlying interests Kentucky Statutes 304.7-012 |
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| Louisiana | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance, or value of one or more underlying interests Louisiana Revised Statutes 22:601.1 | ||
| Maine | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the “floor rate” or “price” exceeds a reference price, level, performance or value of one or more underlying interests Maine Revised Statutes Title 24-A Sec. 1151-A | ||
| Montana | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a price, level, performance, or value of one or more underlying interests Montana Code 33-12-102 | ||
| South Carolina | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance, or value of one or more underlying interests South Carolina Code 38-12-30 | ||
| Tennessee | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance or value of one (1) or more underlying interests Tennessee Code 56-3-302 | ||
| Vermont | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance, or value of one or more underlying interests | ||
| Virginia | ||
| means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, a level, or the performance or value of one or more underlying interests Virginia Code 38.2-1401 | ||