35-A §4391. Definitions

Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Chapter 43: NUCLEAR POWER GENERATING FACILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Subchapter 5: SPENT FUEL DISPOSAL TRUST FUND HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

§4391. Definitions

As used in this subchapter, unless the context indicates otherwise, the following terms have the following meanings. [1987, c. 141, Pt. A, §6 (NEW).]

1. Licensee. "Licensee" means the holder of the operating permit from the United States Nuclear Regulatory Commission for a nuclear power plant.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

2. Nuclear power plant or plant. "Nuclear power plant" or "plant" means a nuclear fission thermal power plant.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

3. Owner. "Owner" means any utility that owns any portion of a nuclear power plant, whether directly or indirectly, through ownership of stock in a company that owns any portion of a nuclear power plant, through membership in a holding company that owns any portion of a nuclear power plant or through other means.

[ 1999, c. 398, Pt. A, §§104, 105 (AFF); 1999, c. 398, Pt. A, §101 (AMD) .]

4. Spent nuclear fuel disposal. "Spent nuclear fuel disposal" means the activities undertaken to safely dispose of spent nuclear fuel offsite and in compliance with all applicable state and federal laws.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

5. Trustee. "Trustee" means a fiduciary as defined under Title 18-A, section 1-201, which fiduciary shall administer the spent fuel disposal trust funds subject to sections 4392 and 4393 and in accordance with Title 18-A, article VII.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

6. Trust fund or fund. "Trust fund" or "fund" means a trust fund established as set out in section 4392 to hold money for the eventual purpose of spent nuclear fuel disposal.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

SECTION HISTORY

1987, c. 141, §A6 (NEW). 1999, c. 398, §§A104,105 (AFF). 1999, c. 398, §A101 (AMD).