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Terms Used In Maine Revised Statutes Title 38 Sec. 1034

  • 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.
  • Standard district: means a sewer district that is formed and chartered by a private and special law in conformance with this chapter. See Maine Revised Statutes Title 38 Sec. 1032
A standard district is a public municipal corporation within the meaning of Title 36, section 651 and the property of the district is exempt from taxation to the extent provided in that section. [PL 2013, c. 555, §6 (NEW).]
SECTION HISTORY

PL 2013, c. 555, §6 (NEW).