Maine § 16521. - Definitions
Full text of Maine Maine Revised Statutes § 16521. — Definitions, with citation guidance and answers to common questions.
§ 16521.. Definitions
As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2021, c. 576, §1 (NEW).]
1. Claimant. "Claimant" means a victim that files an application for restitution assistance under this subchapter. "Claimant" includes the named party in a restitution award in a final order, the executor of a named party in a restitution award in a final order, the heirs and assigns of a named party in a restitution award in a final order and any other person with lawful authority to act for or on behalf of a named party in a restitution award in a final order.
2. Eligible adult. "Eligible adult" means:
A. An individual 65 years of age or older; or [PL 2021, c. 576, §1 (NEW).]
B. An individual protected under the Adult Protective Services Act. [PL 2021, c. 576, §1 (NEW).]
3. Final order. "Final order" means a final order issued by the administrator under this chapter or a final order issued by a court in a legal action initiated by the administrator under this chapter.
4. Fund. "Fund" means the Securities Restitution Assistance Fund established under section 16522.
5. Securities violation. "Securities violation" means a violation of this chapter and any rules adopted pursuant to this chapter.
6. Victim. "Victim" means a person that suffered monetary injury as a result of a securities violation and was awarded restitution in a final order.
Frequently Asked Questions About Maine § 16521.
What does Maine Revised Statutes § 16521. cover?
Section 16521. ("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 § 16521.?
A common citation format is "Maine Revised Statutes § 16521." (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 § 16521. 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.