Maine § 32 §4691 Definitions

Maine Statutes

§ 32 §4691 — Definitions

Maine § 32 §4691

Title 32PROFESSIONS AND OCCUPATIONS

Ch. 69-BREGULATIONS OF THE SALE OF BUSINESS OPPORTUNITIES

This text of Maine § 32 §4691 (Definitions) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 32, § 32 §4691 (2026).

Text

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

1.Affiliated person. "Affiliated person" means a person who:

2.Business day. "Business day" means any day other than Saturday, Sunday or the following holidays: New Year's Day; Washington's Birthday; Memorial Day; Independence Day; Labor Day; Indigenous Peoples Day; Veterans Day; Thanksgiving and Christmas.

3.Business opportunity. "Business opportunity" means:

4.Permanent place of business. "Permanent place of business" means any building or other permanently affixed structure, including a home residence, which is owned or held under a 12-month lease or rental agreement at the time business is commenced and is used in whole or in part for the purpose of engaging in sa

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As used in this chapter, unless the context indicates otherwise, the following terms shall have the following meanings.
1.
Affiliated person.
"Affiliated person" means a person who:
2.
Business day.
"Business day" means any day other than Saturday, Sunday or the following holidays: New Year's Day; Washington's Birthday; Memorial Day; Independence Day; Labor Day; Indigenous Peoples Day; Veterans Day; Thanksgiving and Christmas.
3.
Business opportunity.
"Business opportunity" means:
4.
Permanent place of business.
"Permanent place of business" means any building or other permanently affixed structure, including a home residence, which is owned or held under a 12-month lease or rental agreement at the time business is commenced and is used in whole or in part for the purpose of engaging in sales or promotion of business opportunities.
5.
Purchaser.
"Purchaser" means a person who purchases, leases or communicates with a seller concerning the purchase or lease of a business opportunity.
6.
Seller.
"Seller" means a person who sells, leases or distributes or offers to sell, lease or distribute, advertises or undertakes any other act relating to the promotion of business opportunities.