Terms Used In Maine Revised Statutes Title 35-A Sec. 6802

  • 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.
  • Regional water council: means a nonprofit corporation established for the benefit of 2 or more water-related entities pursuant to this chapter, where at least one of the organizing members is a water utility. See Maine Revised Statutes Title 35-A Sec. 6801
  • Water utility: includes every person, its lessees, trustees, receivers or trustees appointed by any court, owning, controlling, operating or managing any water works for compensation within this State, including any aqueduct organized under former Title 35, chapter 261 and any of its predecessors. See Maine Revised Statutes Title 35-A Sec. 102
Two or more water-related entities may organize a regional water council by forming a nonprofit corporation under Title 13?B, as long as one of the organizing members is a water utility. The membership of a regional water council is restricted to water-related entities. A water utility is not required to become a member of a regional water council. [PL 2017, c. 58, §2 (AMD).]
SECTION HISTORY

PL 2005, c. 209, §1 (NEW). PL 2017, c. 58, §2 (AMD).