Maine Revised Statutes

§1382. Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [1993, c. 263, §1 (NEW).]

1. Default.  "Default" means the failure to pay obligations incurred by the storage of a boat, boat motor or boat trailer.
[ 1993, c. 263, §1 (NEW) .]
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.
[ 1993, c. 263, §1 (NEW) .]
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.
[ 1993, c. 263, §1 (NEW) .]
4. Property.  "Property" means a boat, boat motor or boat trailer in storage at a facility.
[ 1993, c. 263, §1 (NEW) .]
SECTION HISTORY
1993, c. 263, §1 (NEW).