Maine Revised Statutes > Title 10 > Part 1 > Chapter 13 – Small Enterprise Growth Program
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Terms Used In Maine Revised Statutes > Title 10 > Part 1 > Chapter 13 - Small Enterprise Growth Program
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Board: means the Small Enterprise Growth Board. See Maine Revised Statutes Title 10 Sec. 382
- Board of directors: means the governing body with statutory powers and duties for a school administrative district. See Maine Revised Statutes Title 20-A Sec. 1
- Commercial meet: means harness horse racing conducted live at a commercial track. See Maine Revised Statutes Title 8 Sec. 275-A
- Commercial track: means any harness horse racing track that is a for-profit business and is licensed under this chapter to conduct harness horse racing with pari-mutuel wagering that is not associated with an agricultural fair as defined in Title 7, section 81 and that:
A. See Maine Revised Statutes Title 8 Sec. 275-Acommingled pool: means a pool in which wagers placed at more than one location are merged for purposes of determining the payout on winning wagers. See Maine Revised Statutes Title 8 Sec. 275-A Commissioner: means the Commissioner of Agriculture, Conservation and Forestry. See Maine Revised Statutes Title 8 Sec. 275-A Department: means the Department of Agriculture, Conservation and Forestry. See Maine Revised Statutes Title 8 Sec. 275-A Ex officio: Literally, by virtue of one's office. Exotic wagers: means wagers in which the bettor selects 2 or more horses in one or more races in a single wager. See Maine Revised Statutes Title 8 Sec. 275-A Extended meet: means a series of harness horse races, except harness horse races conducted by an agricultural society at the time of its annual fair. See Maine Revised Statutes Title 8 Sec. 275-A Fund: means the Small Enterprise Growth Fund. See Maine Revised Statutes Title 10 Sec. 382 Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value. Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs. Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC Kindergarten: means a one-year or 2-year childhood education program, for children at least 5 years of age, immediately prior to grade one. See Maine Revised Statutes Title 20-A Sec. 1 Licensee: means a person licensed under section 271 or section 275?D to conduct pari-mutuel wagering on horse racing in this State. See Maine Revised Statutes Title 8 Sec. 275-A municipal officers: means the county commissioners of the county in which the facility is to be located and the term "municipality" means the unincorporated location. See Maine Revised Statutes Title 8 Sec. 275-A Municipal officers: means the mayor and municipal officers or councilors of a city, the members of the select board or councilors of a town and the assessors of a plantation. See Maine Revised Statutes Title 1 Sec. 72 Net commission: means the total commission less 4% of the amount wagered. See Maine Revised Statutes Title 8 Sec. 275-A Off-track betting facility: means a facility other than a racetrack at which a person is licensed to conduct pari-mutuel wagering on simulcast racing. See Maine Revised Statutes Title 8 Sec. 275-A Off-track betting licensee: means a person who has obtained a license to conduct pari-mutuel wagering at an off-track betting facility. See Maine Revised Statutes Title 8 Sec. 275-A Personal property: All property that is not real property. Principal: means the person who supervises the operation and management of a school and school property as determined necessary by the superintendent under policies established by the school board. See Maine Revised Statutes Title 20-A Sec. 1 Program: means the Small Enterprise Growth Program, which encompasses the Small Enterprise Growth Fund and any side fund created by the board. See Maine Revised Statutes Title 10 Sec. 382 Program funds: means the Small Enterprise Growth Fund and any side funds created by the board. See Maine Revised Statutes Title 10 Sec. 382 Qualifying small business: means , for the purpose of an initial disbursement by the board under section 388, a business employing 50 or fewer employees or having gross sales not exceeding $5,000,000 within the most recent 12 months for which financial statements are available. See Maine Revised Statutes Title 10 Sec. 382 Qualifying venture fund: means a venture capital fund that is managed by an entity other than the board and that the board finds demonstrates the potential to contribute venture capital funding in a manner that promotes economic growth in the State. See Maine Revised Statutes Title 10 Sec. 382 Quorum: The number of legislators that must be present to do business. Race date: means a scheduled date awarded by the commission pursuant to section 271 for which there is a racing program of not less than 8 separate live races. See Maine Revised Statutes Title 8 Sec. 275-A Race day: means a scheduled day of racing awarded by the commission pursuant to section 271 on which racing occurred. See Maine Revised Statutes Title 8 Sec. 275-A Racing licensee: means a person who is authorized under section 271 to conduct harness horse racing in this State. See Maine Revised Statutes Title 8 Sec. 275-A Regional school unit: means the state-approved unit of school administration as established pursuant to chapter 103?A. See Maine Revised Statutes Title 20-A Sec. 1 Regional school unit board: means the board of directors that is the governing body with statutory powers and duties of a regional school unit. See Maine Revised Statutes Title 20-A Sec. 1 Regular meeting: means the period of time from the first date a licensee is authorized to conduct live racing through the last date a licensee is authorized to conduct live racing, excluding periods of time longer than 14 days when the licensee is not authorized to conduct live racing. See Maine Revised Statutes Title 8 Sec. 275-A Regular wagers: means wagers other than exotic wagers. See Maine Revised Statutes Title 8 Sec. 275-A School administrative district: means a state-approved unit of school administration, composed of one or more municipalities which must provide public education to all public school students in the district. See Maine Revised Statutes Title 20-A Sec. 1 School administrative unit: means the state-approved unit of school administration and includes a municipal school unit, school administrative district, community school district, regional school unit or any other municipal or quasi-municipal corporation responsible for operating or constructing public schools, except that it does not include a career and technical education region. See Maine Revised Statutes Title 20-A Sec. 1 School board: means the governing body with statutory powers and duties for a school administrative unit. See Maine Revised Statutes Title 20-A Sec. 1 School committee: means the governing body with statutory powers and duties for a municipal school unit. See Maine Revised Statutes Title 20-A Sec. 1 Side fund: means a fund other than the Small Enterprise Growth Fund administered by the board that is invested as determined by the board. See Maine Revised Statutes Title 10 Sec. 382 State board: means the State Board of Education. See Maine Revised Statutes Title 20-A Sec. 1 State valuation: means the value certified to the Secretary of State as provided in Title 36, section 305, subsection 1. See Maine Revised Statutes Title 20-A Sec. 1 Superintendent: means the person in a school administrative unit or school union appointed and having the authority and responsibility under this Title and other applicable statutes. See Maine Revised Statutes Title 20-A Sec. 1 Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC