94-457-321 Me. Code R. § 1

Current through 2024-46, November 13, 2024

Section 457-321-1 - Definitions

A.Reference to Act Definitions. Certain terms used in this rule which are defined in the Finance Authority of Maine Act, 10 M.R.S.A. Section961 and following (the "Act"), shall have the meaning set forth in the Act unless clearly specified otherwise or unless the context clearly indicates otherwise.

B.Defined Terms

1. "Chief Executive Officer" means the Authority's Chief Executive Officer or a person acting under the supervisory control of the Chief Executive Officer.

2. "Program" means the Waste Motor Oil Disposal Site Remediation Program, pursuant to which the Authority, as authorized by the Act, may from time to time issue revenue obligation securities, a portion of the proceeds of which are used to pay the response costs of eligible persons with respect to waste motor oil disposal sites.

3. "DEP" means the Maine Department of Environmental Protection.

4. "EPA" means the United States Environmental Protection Agency.

5. "PRP" means potentially responsible party.

6. "State" means the State of Maine.

94-457 C.M.R. ch. 321, § 1