Maine § 10 §1382 Definitions

Maine Statutes

§ 10 §1382 — Definitions

Maine·Title 10 COMMERCE AND TRADE·Part 3 REGULATION OF TRADE·Ch. 212-A MAINE MARINA AND BOATYARD STORAGE ACT

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.Default. "Default" means the failure to pay obligations incurred by the storage of a boat, boat motor or boat trailer.

2.Facility. "Facility" means a marina, boatyard or marine repair facility that provides, as part of its commercial operation, the storage of boats, boat motors or boat trailers.

3.Lienholder. "Lienholder" or "lienholder of record" means a person who claims an interest in or lien on the property pursuant to a financing statement filed with the Secretary of State or other public filing.

4.Property. "Property" means a boat, boat motor or boat trailer in storage at a facility.

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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.
1.
Default.
"Default" means the failure to pay obligations incurred by the storage of a boat, boat motor or boat trailer.
2.
Facility.
"Facility" means a marina, boatyard or marine repair facility that provides, as part of its commercial operation, the storage of boats, boat motors or boat trailers.
3.
Lienholder.
"Lienholder" or "lienholder of record" means a person who claims an interest in or lien on the property pursuant to a financing statement filed with the Secretary of State or other public filing.
4.
Property.
"Property" means a boat, boat motor or boat trailer in storage at a facility.

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