Maine Revised Statutes
Chapter 41: UNIFORM UNCLAIMED PROPERTY ACT
33 §1952. Definitions

§1952. Definitions
(CONFLICT)
1.  Administrator. 
[PL 2019, c. 498, §21 (RP).]
2.  Apparent owner. 
[PL 2019, c. 498, §21 (RP).]
3.  Business association. 
[PL 2019, c. 498, §21 (RP).]
3-A.  Competitive electricity provider. 
[PL 2019, c. 498, §21 (RP).]
4.  Domicile. 
[PL 2019, c. 498, §21 (RP).]
4-A.  Face value. 
[PL 2019, c. 498, §21 (RP).]
5.  Financial organization. 
[PL 2019, c. 498, §21 (RP).]
5-A.  Gift obligation. 
[PL 2019, c. 498, §21 (RP).]
6.  Holder. 
[PL 2019, c. 498, §21 (RP).]
7.  Insurance company. 
[PL 2019, c. 498, §21 (RP).]
7-A.  (CONFLICT: Text as enacted by PL 2019, c. 496, §1) Lawyer's trust account.  "Lawyer's trust account" means a pooled trust account managed pursuant to rules adopted by the Supreme Judicial Court that earns interest or dividends at an eligible institution in which a lawyer or law firm holds funds on behalf of a client or clients. These funds are small in amount or held for a short period of time, such that the funds cannot earn interest or dividends for the client in excess of the costs incurred to secure such interest or dividends. For the purpose of this subsection, "eligible institution" means a financial organization meeting the requirements in rules adopted by the Supreme Judicial Court.  
[PL 2019, c. 496, §1 (NEW).]
7-B.  (CONFLICT: Text as enacted by PL 2019, c. 496, §1) Lawyer's trust account program manager.  "Lawyer's trust account program manager" means an entity designated by the Supreme Judicial Court to manage the lawyer's trust account program adopted by the Supreme Judicial Court.  
[PL 2019, c. 496, §1 (NEW).]
8.  Mineral. 
[PL 2019, c. 498, §21 (RP).]
9.  Mineral proceeds. 
[PL 2019, c. 498, §21 (RP).]
10.  Money order. 
[PL 2019, c. 498, §21 (RP).]
10-A.  Multiple merchants. 
[PL 2019, c. 498, §21 (RP).]
11.  Owner. 
[PL 2019, c. 498, §21 (RP).]
12.  Person. 
[PL 2019, c. 498, §21 (RP).]
12-A.  Prefunded bank card. 
[PL 2019, c. 498, §21 (RP).]
13.  Property.   
A. [PL 2019, c. 498, §21 (RP).]
B. [PL 2019, c. 498, §21 (RP).]
C. [PL 2019, c. 498, §21 (RP).]
D. [PL 2019, c. 498, §21 (RP).]
E. [PL 2019, c. 498, §21 (RP).]
F. (CONFLICT: Text as amended by PL 2019, c. 496, §2) An amount due and payable under the terms of an annuity or insurance policy, including policies providing life insurance, property and casualty insurance, workers' compensation insurance or health and disability insurance;   [PL 2019, c. 496, §2 (AMD).]
F. (CONFLICT: Text as repealed by PL 2019, c. 498, §21) [PL 2019, c. 498, §21 (RP).]
G. (CONFLICT: Text as amended by PL 2019, c. 496, §2) An amount distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance or similar benefits; and   [PL 2019, c. 496, §2 (AMD).]
G. (CONFLICT: Text as repealed by PL 2019, c. 498, §21) [PL 2019, c. 498, §21 (RP).]
H. (CONFLICT: Text as enacted by PL 2019, c. 496, §3) Funds in a lawyer's trust account.   [PL 2019, c. 496, §3 (NEW).]
[PL 2019, c. 496, §§1-3 (AMD); PL 2019, c. 498, §21 (RP).]
14.  Record. 
[PL 2019, c. 498, §21 (RP).]
15.  State. 
[PL 2019, c. 498, §21 (RP).]
15-A.  Stored-value card. 
[PL 2019, c. 498, §21 (RP).]
15-B.  United States savings bond. 
[PL 2019, c. 498, §21 (RP).]
16.  Utility. 
[PL 2019, c. 498, §21 (RP).]
SECTION HISTORY
PL 1997, c. 508, §A2 (NEW). PL 1997, c. 508, §A3 (AFF). PL 1999, c. 657, §16 (AMD). PL 2003, c. 339, §1 (AMD). PL 2003, c. 673, §U1 (AMD). PL 2005, c. 357, §§1-3 (AMD). PL 2015, c. 215, §1 (AMD). PL 2019, c. 496, §§1-3 (AMD). PL 2019, c. 498, §21 (RP).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 33: PROPERTY

Chapter 41: UNIFORM UNCLAIMED PROPERTY ACT

33 §1951. Short title (REPEALED)

33 §1952. Definitions

33 §1953. Presumptions of abandonment

33 §1954. Property in safekeeping depository or held by landlord or state institution (REPEALED)

33 §1954-A. Retention of property with historic value (REPEALED)

33 §1954-B. United States savings bonds (REPEALED)

33 §1955. Rules for taking custody (REPEALED)

33 §1956. Dormancy charge (REPEALED)

33 §1957. Burden of proof as to property evidenced by record of check or draft (REPEALED)

33 §1958. Report of property presumed abandoned (REPEALED)

33 §1959. Payment or delivery of property presumed abandoned

33 §1960. Notice and publication of unclaimed property (REPEALED)

33 §1961. Custody by state; recovery by holder; defense of holder (REPEALED)

33 §1962. Crediting of dividends, interest and increments to owner's account (REPEALED)

33 §1963. Public sale of unclaimed property (REPEALED)

33 §1964. Deposit of funds (REPEALED)

33 §1965. Claim of another state to recover property (REPEALED)

33 §1966. Filing claim with administrator; handling of claims by administrator (REPEALED)

33 §1967. Action to establish claim (REPEALED)

33 §1968. Election to take payment or delivery (REPEALED)

33 §1969. Destruction or disposition of property having no substantial commercial value; immunity from liability (REPEALED)

33 §1970. Periods of limitation (REPEALED)

33 §1971. Requests for reports and examination of records (REPEALED)

33 §1972. Retention of records (REPEALED)

33 §1973. Enforcement (REPEALED)

33 §1974. Interstate agreements and cooperation; joint and reciprocal actions with other states (REPEALED)

33 §1975. Interest and penalties (REPEALED)

33 §1976. Agreements to locate property (REPEALED)

33 §1977. Foreign transactions (REPEALED)

33 §1978. Transitional provisions (REPEALED)

33 §1979. Rules (WHOLE SECTION CONFLICT: Text as amended by PL 2019, c. 496, §6)

33 §1979. Rules (WHOLE SECTION CONFLICT: Text as repealed by PL 2019, c. 498, §21)

33 §1980. Uniformity of application and construction (REPEALED)