Maine § 1099-A. - Definitions
Full text of Maine Maine Revised Statutes § 1099-A. — Definitions, with citation guidance and answers to common questions.
§ 1099-A.. Definitions
As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1989, c. 774, §4 (NEW).]
1. Authority. "Authority" means the Finance Authority of Maine.
2. Effective interest rate. "Effective interest rate" means an annual percentage interest rate paid by the borrower.
3. Eligible entity. "Eligible entity" means any person, business, corporation, association, firm, partnership, municipality or other organization located in the State but does not include any agency of the State.
4. Fund. "Fund" means the Waste Oil Furnace Loan Fund established by this subchapter.
5. NFPA. "NFPA" means the National Fire Protection Association.
6. Program. "Program" means the Waste Oil Furnace Loan Program established by this subchapter.
7. Properly installed. "Properly installed" means a boiler or furnace installed in accordance with NFPA Standard 31 or subsequent NFPA installation standards adopted by the Maine Fuel Board.
8. Qualified boiler or furnace. "Qualified boiler or furnace" means any new or replacement boiler or furnace fueled wholly or in part by waste oil that produces energy for space heating or cooling or for use in a manufacturing process and is listed by the Maine Fuel Board as a waste oil boiler or furnace.
9. Waste oil. "Waste oil" means a petroleum-based oil that, through use or handling, has become unsuitable for its original purpose due to the presence of impurities or the loss of original properties. Waste oil includes, but is not limited to, the following:
A. Automotive crankcase and lubricating oils; [PL 1989, c. 774, §4 (NEW).]
B. Industrial lubricating oils including metal working oils, railroad and marine oils and turbine lubricating oils; [PL 1989, c. 774, §4 (NEW).]
C. Industrial nonlubricating oils including hydraulic, transmission, and quenching oils, and transformer oils with polychlorinated biphenyl concentrations less than 50 parts per million; [PL 1989, c. 774, §4 (NEW).]
D. Oil recovered from oil tank cleaning operations and deballasting operations; and [PL 1989, c. 774, §4 (NEW).]
E. Oil spilled on land or water. [PL 1989, c. 774, §4 (NEW).]
Waste oil does not include oily waste debris generated during the cleanup of oil spills, water residue generated from oil and water separation processes at waste oil facilities or mineral spirits having a flash point less than 140° Fahrenheit.
Frequently Asked Questions About Maine § 1099-A.
What does Maine Revised Statutes § 1099-A. cover?
Section 1099-A. ("Definitions") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 1099-A.?
A common citation format is "Maine Revised Statutes § 1099-A." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 1099-A. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.