Maine Revised Statutes Title 10 Sec. 1471 – Definitions
[PL 1975, c. 770, §57 (NEW).]
Terms Used In Maine Revised Statutes Title 10 Sec. 1471
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Dealer: means and includes a natural person, firm, corporation, partnership and any other legal entity that is engaged in the business of selling, offering for sale or negotiating the sale of used motor vehicles, except auction businesses licensed by the Secretary of State and includes the officers, agents and employees thereof. See Maine Revised Statutes Title 10 Sec. 1471
- Extended service warranty: means a service contract, not a warranty as that term is used in Title 11, Article 2, that promises service in exchange for a fee and may also be referred to as "extended service contract. See Maine Revised Statutes Title 10 Sec. 1471
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Livery service: means a service that for a fee arranges, schedules or procures a vehicle for rent or hire or provides a ride for hire. See Maine Revised Statutes Title 10 Sec. 1471
- Mechanical defect: means any defect, failure or malfunction of the mechanical system of a motor vehicle, including but not limited to the motor and transmission, electrical, hydraulic or suspension systems, and any defect, damage, failure or malfunction that affects the safety or normal use of a motor vehicle. See Maine Revised Statutes Title 10 Sec. 1471
- Motor vehicle: means any self-propelled vehicle designed primarily to transport not more than 14 individuals, except motorcycles as defined in Title 29?A, section 101, subsection 38, and any vehicles operated exclusively on a rail or rails. See Maine Revised Statutes Title 10 Sec. 1471
- 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.
- Person: means and includes natural persons, corporations, trusts, partnerships, incorporated or unincorporated associations and any other legal entities. See Maine Revised Statutes Title 10 Sec. 1471
- Purchaser: means any person who has obtained ownership of a used motor vehicle from a dealer by transfer, gift or purchase. See Maine Revised Statutes Title 10 Sec. 1471
- Reconstructable motor vehicle: means a used motor vehicle that does not meet the inspection standards as set forth in Title 29?A, section 1751, and that is sold, offered for sale or negotiated for sale to a person other than another dealer for the purpose of transportation after repair or rebuilding. See Maine Revised Statutes Title 10 Sec. 1471
- Rideshare: means a program, activity or action in which a person uses that person's private vehicle to transport a person for a fee. See Maine Revised Statutes Title 10 Sec. 1471
- Seller: means any person who sells a used motor vehicle to a dealer, including, but not limited to, individuals, other new or used motor vehicle dealers, motor vehicle manufacturers and insurance companies. See Maine Revised Statutes Title 10 Sec. 1471
- Used motor vehicle: means a motor vehicle that either has been once registered or is not covered by a manufacturer's new car warranty. See Maine Revised Statutes Title 10 Sec. 1471
- Vehicle history report: means a written or electronic report, record or document that describes or provides information on the service history of a vehicle. See Maine Revised Statutes Title 10 Sec. 1471
[PL 1989, c. 198, §1 (AMD); PL 1989, c. 684, §1 (AMD).]
[PL 2005, c. 476, §1 (NEW).]
[PL 2015, c. 167, §1 (NEW).]
[PL 1975, c. 770, §57 (NEW).]
[PL 1997, c. 393, Pt. A, §16 (AMD).]
[PL 1975, c. 770, §57 (NEW).]
[PL 1975, c. 770, §57 (NEW).]
[PL 1995, c. 65, Pt. A, §19 (AMD); PL 1995, c. 65, Pt. A, §153 (AFF); PL 1995, c. 65, Pt. C, §15 (AFF).]
[PL 1993, c. 112, §1 (NEW).]
[PL 2015, c. 167, §1 (NEW).]
[PL 1975, c. 770, §57 (NEW).]
[PL 2015, c. 167, §1 (NEW).]
[PL 2005, c. 476, §2 (AMD).]