Terms Used In Maine Revised Statutes Title 22 Sec. 3180

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Trustee: A person or institution holding and administering property in trust.
All rights to aid shall be absolutely inalienable by any assignment, execution, pledge or otherwise, and shall not pass, in case of insolvency or bankruptcy, to any trustee, assignee or creditor. [PL 1973, c. 790, §2 (NEW).]
SECTION HISTORY

PL 1973, c. 790, §2 (NEW).