Terms Used In Maine Revised Statutes Title 24 Sec. 2309

  • 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.
  • 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.
  • superintendent: means the Superintendent of Insurance of this State; and
[PL 1993, c. See Maine Revised Statutes Title 24 Sec. 2301