§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.  Lawyer's trust account.  (CONFLICT: Text as enacted by PL 2019, c. 496, §1) "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.  Lawyer's trust account program manager.  (CONFLICT: Text as enacted by PL 2019, c. 496, §1) "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.

A. [PL 2019, c. 498, §21 (RP).]

B. [PL 2019, c. 498, §21 (RP).]

C. [PL 2019, c. 498, §21 (RP).]

[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).