Sections
Subchapter 1 General Provisions 4901 – 4919

Terms Used In Maine Revised Statutes > Title 32 > Chapter 73 - Geologists and Soil Scientists

  • Ancillary obligation: means the obligation of the bond bank in connection with liquor operation revenue bonds issued under this subchapter under any of the following entered into by the bond bank:
A. See Maine Revised Statutes Title 30-A Sec. 6052
  • Approved: means approved by the board. See Maine Revised Statutes Title 32 Sec. 4902
  • Board: means the State Board of Licensure for Geologists and Soil Scientists. See Maine Revised Statutes Title 32 Sec. 4902
  • Bonds: means bonds of the bank issued under this chapter. See Maine Revised Statutes Title 30-A Sec. 5903
  • Cost of issuance: means an item of expense directly or indirectly payable or reimbursable by the bond bank and related to the authorization, sale or issuance of liquor operation revenue bonds, including, but not limited to, underwriting fees and fees and expenses of professional consultants and fiduciaries. See Maine Revised Statutes Title 30-A Sec. 6052
  • 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.
  • Ex officio: Literally, by virtue of one's office.
  • Financing costs: means all costs of issuance, capitalized interest, capitalized operating expenses and debt service reserves, fees and costs of any ancillary obligation or other fees, expenses and costs related to issuing, securing and marketing liquor operation revenue bonds. See Maine Revised Statutes Title 30-A Sec. 6052
  • Fund: means the Liquor Operation Revenue Fund established in section 6054. See Maine Revised Statutes Title 30-A Sec. 6052
  • Geologist: means a person engaged in the practice of geology. See Maine Revised Statutes Title 32 Sec. 4902
  • Geology: means the science that treats of the earth as a whole; the investigation of its composition, its size, shape and relationships between consolidated and unconsolidated rock units in the regolith and bedrock; and the applied aspects of utilizing knowledge of the earth and its constitutents; including its consolidated and unconsolidated rock units, its minerals, liquids, gases and other materials for the benefit of humankind. See Maine Revised Statutes Title 32 Sec. 4902
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Licensed geologist: means a person entitled under this chapter to take and use the title "licensed geologist. See Maine Revised Statutes Title 32 Sec. 4902
  • Licensed soil scientist: means a person entitled under this chapter to take and use the title "licensed soil scientist. See Maine Revised Statutes Title 32 Sec. 4902
  • Liquor operation revenue bond: means a bond, note or other evidence of indebtedness issued by the bond bank pursuant to this subchapter. See Maine Revised Statutes Title 30-A Sec. 6052
  • Majority: when used in reference to age shall mean the age of 18 and over. See Maine Revised Statutes Title 1 Sec. 72
  • 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.
  • Practice of geology: means the performance of geological work or service for the public, including, but not limited to, consultation, investigation, surveys, evaluation, planning, mapping or inspection of geological work, wherein the performance is related to the public welfare or the safeguarding of life, health, property and the environment. See Maine Revised Statutes Title 32 Sec. 4902
  • Practice of soil science: includes identification and mapping of soils according to the standards of the National Cooperative Soil Survey, consultation or evaluation. See Maine Revised Statutes Title 32 Sec. 4902
  • Qualified geologist: means a person who possesses the qualifications required for licensure as described in section 4909, subsection 2 but is not licensed under this chapter. See Maine Revised Statutes Title 32 Sec. 4902
  • Qualified soil scientist: means a person who possesses the qualifications required for licensure as described in section 4909, subsection 2?B but is not licensed under this chapter. See Maine Revised Statutes Title 32 Sec. 4902
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Responsible charge of work: means the independent control and direction by the use of initiative, skill and independent judgment of work or the supervision of such work. See Maine Revised Statutes Title 32 Sec. 4902
  • Subordinate: means any person who assists a licensed geologist or soil scientist without assuming the responsible charge of work. See Maine Revised Statutes Title 32 Sec. 4902
  • United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
  • Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72