Maine Revised Statutes Title 31 Sec. 1105 – Rules of construction
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1. Savings clause. This chapter does not affect an action or proceeding commenced or right accrued before this chapter takes effect.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
Terms Used In Maine Revised Statutes Title 31 Sec. 1105
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Contract: A legal written agreement that becomes binding when signed.
2. Freedom to contract. It is the policy of the chapter to give maximum effect to the freedom of contract and to the enforceability of partnership agreements.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
3. Law and equity. Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
4. Statutes in derogation of common law. Rules that statutes in derogation of the common law are to be strictly construed do not apply to this chapter.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
5. Obligations of contract. Neither this chapter nor any amendment of this chapter may be construed to impair the obligations of any contract existing when this chapter or amendment goes into effect.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §A2 (NEW).