Terms Used In Maine Revised Statutes > Title 9-A > Article 10 > Part 4 - Remedies and Penalties

• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Ex officio: Literally, by virtue of one's office.
• Loan broker: means any person who, with respect to the extension of consumer credit by others, provides or offers to provide, in return for the separate payment of money or other valuable consideration, any of the following services:
  (1) Improving a consumer's credit record, history or rating;
  (2) Arranging for or obtaining an extension of credit for a consumer; or
  (3) Providing advice or assistance to a consumer with respect to subparagraph (1) or (2). See Maine Revised Statutes Title 9-A Sec. 10-102
• Majority: when used in reference to age shall mean the age of 18 and over. See Maine Revised Statutes Title 1 Sec. 72
• minor child: means a person who has not attained the age of 18 years. See Maine Revised Statutes Title 19-A Sec. 101
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgage loan: A loan made by a lender to a borrower for the financing of real property. ^{Source: OCC}
• Quorum: The number of legislators that must be present to do business.