Maine Revised Statutes > Title 27 > Chapter 19 – Property Deposited With Museums and Historical Societies
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§ 601 | Property deposited with museums |
Terms Used In Maine Revised Statutes > Title 27 > Chapter 19 - Property Deposited With Museums and Historical Societies
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lien: A claim against real or personal property in satisfaction of a debt.