§ 4-301 Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank
§ 4-302 Payor bank’s responsibility for late return of item
§ 4-303 When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified

Terms Used In Maine Revised Statutes > Title 11 > Article 4 > Part 3 - Collection of Items: Payor Banks

  • Consumer: means an individual, including but not limited to an applicant for insurance, policyholder, insured, beneficiary, claimant or certificate holder, who is a resident of this State and whose nonpublic information is in a licensee's possession, custody or control. See Maine Revised Statutes Title 24-A Sec. 2263
  • Cybersecurity event: means an event resulting in unauthorized access to, disruption of or misuse of an information system or information stored on an information system. See Maine Revised Statutes Title 24-A Sec. 2263
  • Department: means the Department of Health and Human Services. See Maine Revised Statutes Title 22 Sec. 1582
  • Information system: means a discrete set of electronic information resources organized for the collection, processing, maintenance, use, sharing, dissemination or disposition of electronic information, as well as any specialized system such as an industrial or process control system, a telephone switching and private branch exchange system or an environmental control system. See Maine Revised Statutes Title 24-A Sec. 2263
  • Licensee: means a person licensed, authorized to operate or registered or required to be licensed, authorized or registered pursuant to the insurance laws of this State. See Maine Revised Statutes Title 24-A Sec. 2263
  • Nonpublic information: means information that is not publicly available information and is:
A. See Maine Revised Statutes Title 24-A Sec. 2263
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Tester of compressed air: means any organization, agency, individual, firm, partnership or corporation that is recognized by the department as qualified to inspect and test suppliers of compressed air. See Maine Revised Statutes Title 22 Sec. 1582