32 M.R.S. §16521: Definitions

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.

1. Claimant. "Claimant" means a victim that files an application for restitution assistance under this subchapter. "Claimant" includes the named party in a restitution award in a final order, the executor of a named party in a restitution award in a final order, the heirs and assigns of a named party in a restitution award in a final order and any other person with lawful authority to act for or on behalf of a named party in a restitution award in a final order.

2. Eligible adult. "Eligible adult" means:

A. An individual 65 years of age or older; or

B. An individual protected under the Adult Protective Services Act.

3. Final order. "Final order" means a final order issued by the administrator under this chapter or a final order issued by a court in a legal action initiated by the administrator under this chapter.

4. Fund. "Fund" means the Securities Restitution Assistance Fund established under section 16522.

5. Securities violation. "Securities violation" means a violation of this chapter and any rules adopted pursuant to this chapter.

6. Victim. "Victim" means a person that suffered monetary injury as a result of a securities violation and was awarded restitution in a final order.