Maine Revised Statutes > Title 13-C > Chapter 11 – Mergers and Share Exchanges
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Terms Used In Maine Revised Statutes > Title 13-C > Chapter 11 - Mergers and Share Exchanges
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Appraisal: A determination of property value.
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Commissioner: means the Commissioner of Education or the commissioner's designee. See Maine Revised Statutes Title 20-A Sec. 1
- Commissioner: shall mean the Commissioner of Agriculture, Conservation and Forestry. See Maine Revised Statutes Title 10 Sec. 3322
- Community partner: means a provider of one or more of the following services to students, families or community members:
A. See Maine Revised Statutes Title 20-A Sec. 9921Community school: means a public elementary or secondary school that:
A. See Maine Revised Statutes Title 20-A Sec. 9921Department: means the Department of Education. See Maine Revised Statutes Title 20-A Sec. 1 Dependent: A person dependent for support upon another. Eligible entity: means a domestic or foreign unincorporated entity or a domestic or foreign nonprofit corporation. See Maine Revised Statutes Title 13-C Sec. 1101 Eligible interests: means interests and memberships. See Maine Revised Statutes Title 13-C Sec. 1101 Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller. Fiduciary: A trustee, executor, or administrator. Finished product: shall mean any manufactured or processed form of potatoes. See Maine Revised Statutes Title 10 Sec. 3322 Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC 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. Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury. Lien: A claim against real or personal property in satisfaction of a debt. Merger: means a business combination pursuant to section 1102. See Maine Revised Statutes Title 13-C Sec. 1101 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. party to a share exchange: means any domestic or foreign corporation or eligible entity that will:
A. See Maine Revised Statutes Title 13-C Sec. 1101Plaintiff: The person who files the complaint in a civil lawsuit. Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer. Processor: means any person other than a consumer who purchases or contracts to purchase potatoes for processing or manufacturing which changes the physical form that the raw product possessed when harvested. See Maine Revised Statutes Title 10 Sec. 3322 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 Secondary school: means that portion of a school that provides instruction in any combination of grades 9 through 12. See Maine Revised Statutes Title 20-A Sec. 1 Share exchange: means a business combination pursuant to section 1103. See Maine Revised Statutes Title 13-C Sec. 1101 Trustee: A person or institution holding and administering property in trust.