Connecticut General Statutes 16a-17 – Definitions
(a) As used in this section and sections 16a-18 to 16a-20, inclusive:
Terms Used In Connecticut General Statutes 16a-17
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Personal property: All property that is not real property.
(1) “Creating a fuel shortage” means the diminution by contrivance or artificial means of the supply of fuel to a point below that needed to meet consumer demands adequately; and
(2) “Fuel” includes coal and coal products, electricity, natural gas, petroleum products, radioactive materials, wood fuels and any other resource yielding energy.
(b) As used in sections 16a-21, 16a-22a and 16a-22k:
(1) “Associated equipment” means a gas line, gas regulator, sacrificial anode, interconnecting hardware and any other equipment that is necessary to install and operate a propane tank;
(2) “Automatic delivery” means the delivery of heating fuel to a consumer by a dealer under a system determined by the dealer of calculating the consumer’s heating fuel needs based on the consumer’s heating fuel consumption;
(3) “Cash” (A) means a certified or cashier’s check, commercial money order, legal tender or equivalent of such check, money order or legal tender, and (B) includes a guaranteed payment on behalf of a consumer by a government or community action agency, provided no discount is taken for the charge as billed;
(4) “Commissioner” means the Commissioner of Consumer Protection;
(5) “Consumer” means a direct purchaser of heating fuel from a heating fuel dealer for one or more dwelling units within a structure having not more than four dwelling units;
(6) “Gallon” means an accepted unit of measure consisting of two hundred thirty-one cubic inches, for all liquid or gaseous heating fuel, subject to modifications allowed under regulations adopted pursuant to section 43-42;
(7) “Heating fuel” means any petroleum-based fuel, including any petroleum product regulated pursuant to chapter 250, used as the primary source of residential heating or domestic hot water;
(8) “Heating fuel dealer” or “dealer” means any individual or group of individuals who, or a cooperative, corporation, firm, limited liability company or partnership that, offers to sell, at retail, heating fuel to a consumer;
(9) “Lessee” means a natural person who rents or leases personal property under a consumer rental or lease agreement;
(10) “Lessor” means a heating fuel dealer who regularly provides the use of personal property through consumer rental or lease agreements and to whom rent is paid at a fixed interval for the use of such property;
(11) “Notice of termination of automatic delivery” means a notice by a consumer to a dealer providing automatic delivery in which the consumer requests that the dealer terminate such automatic delivery; and
(12) “Purchase price” or “commercially reasonable price” means a price that does not exceed the fair market value of a propane tank and associated equipment, as applicable.