Terms Used In Maine Revised Statutes > Title 15 > Part 3 > Chapter 205 > Subchapter 3 - Out-of-State Witnesses

• Appraisal: A determination of property value.
• Arrest: Taking physical custody of a person by lawful authority.
• 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.
• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ^{Source: OCC}
• Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
• National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
• Real estate: includes lands and all tenements and hereditaments connected therewith, and all rights thereto and interests therein. See Maine Revised Statutes Title 1 Sec. 72
• Service of process: The service of writs or summonses to the appropriate party.
• State: shall include any territory of the United States and District of Columbia. See Maine Revised Statutes Title 15 Sec. 1412
• Subpoena: A command to a witness to appear and give testimony.
• Summons: shall include a subpoena, order or other notice requiring the appearance of a witness. See Maine Revised Statutes Title 15 Sec. 1412
• Summons: Another word for subpoena used by the criminal justice system.
• Testify: Answer questions in court.
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
• Witness: shall include a person whose testimony is desired in any proceeding or investigation by a grand jury or in a criminal action, prosecution or proceeding. See Maine Revised Statutes Title 15 Sec. 1412
• Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72