Terms Used In Maine Revised Statutes > Title 20-A > Part 3 > Chapter 223 > Subchapter 8 - Child Care Services and Parenting Education

• Administrator: means a person, other than an insurer or creditor, that performs administrative or operational functions pursuant to a waiver program. See Maine Revised Statutes Title 10 Sec. 1500-H
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Assistive device: includes , but is not limited to, manual wheelchairs, motorized wheelchairs, motorized scooters and other aids that enhance the mobility of the individual; hearing aids, telephone communications devices for the deaf, or TDD, assistive listening devices and other aids that enhance an individual's ability to hear; voice synthesized computer modules, optical scanners, talking software, braille printers and other devices that enhance a sight-impaired individual's ability to communicate; and any other assistive device that enables a person with a disability to communicate, see, hear or maneuver. See Maine Revised Statutes Title 10 Sec. 1500
• Borrower: means a debtor or retail buyer under a finance agreement. See Maine Revised Statutes Title 10 Sec. 1500-H
• Consumer: means a person who purchases or leases an assistive device from a dealer or manufacturer for purposes other than resale; a person to whom an assistive device is transferred for purposes other than resale while an express warranty is in effect; a funding source that purchases a device for a person with a disability; or a person otherwise legally qualified to enforce a warranty. See Maine Revised Statutes Title 10 Sec. 1500
• Contract: A legal written agreement that becomes binding when signed.
• 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.
• Creditor: means :
  (1) The lender in a loan or credit transaction;
  (2) A person engaged as a retail seller of motor vehicles that provides credit to consumers, as defined in Title 9?A, section 1?301, subsection 10, of the motor vehicles, as long as that person complies with the provisions of this section;
  (3) The seller in a commercial retail installment transaction; or
  (4) The assignee of any of the persons in subparagraphs (1) to (4) to which the credit obligation is payable. See Maine Revised Statutes Title 10 Sec. 1500-H
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Department: means the Department of Education. See Maine Revised Statutes Title 20-A Sec. 1
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Fiduciary: A trustee, executor, or administrator.
• Finance agreement: means a loan or retail installment sales contract for the purchase of a motor vehicle. See Maine Revised Statutes Title 10 Sec. 1500-H
• Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. ^{Source: OCC}
• Free-look period: means the period of time, not less than 30 days, from the effective date of the waiver until the date the borrower may cancel the waiver contract without penalty, fees or costs to the borrower. See Maine Revised Statutes Title 10 Sec. 1500-H
• in writing: include printing and other modes of making legible words. See Maine Revised Statutes Title 1 Sec. 72
• Majority: when used in reference to age shall mean the age of 18 and over. See Maine Revised Statutes Title 1 Sec. 72
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Motor vehicle: includes vehicles whether self-propelled or towed. See Maine Revised Statutes Title 10 Sec. 1500-H
• 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.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Person: includes an individual, company, association, organization, partnership, business trust, corporation and every form of legal entity. See Maine Revised Statutes Title 10 Sec. 1500-H
• Private school: means an academy, seminary, institute or other private corporation or body formed for educational purposes covering kindergarten through grade 12 or any portion thereof. See Maine Revised Statutes Title 20-A Sec. 1
• Quorum: The number of legislators that must be present to do business.
• 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
• Superintendent: means , except in cases in which a credit union or financial institution authorized to do business in this State, as defined in Title 9?B, section 131, subsections 12?A and 17?A, is the creditor, the Superintendent of Consumer Credit Protection. See Maine Revised Statutes Title 10 Sec. 1500-H
• Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on ^{Source: OCC}
• United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
• waiver: means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of the amount due on a borrower's finance agreement for a motor vehicle in the event of a total physical damage loss or unrecovered theft of the motor vehicle. See Maine Revised Statutes Title 10 Sec. 1500-H
• Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72