A ruling in favor of the plaintiff on constitutional grounds includes a holding that Maine’s prohibition on the use of state-aid to “sectarian” schools is unconstitutional. A ruling is still considered “in favor of the plaintiff on constitutional grounds” if the broader prohibition is struck down on constitutional grounds even if the particular schools that the plaintiffs wish to send their children to (Bangor Christian and Temple Academy) still cannot receive public funding.

The above is a summary of the terms and conditions. Please see CARVMAK in the Rulebook for the legally binding terms and conditions. All market participants should read and familiarize themselves with the terms and conditions prior to trading on the market.

If the event occurs prior to the Expiration Date, then the market will close and expire early. It will close and expire at the expiration time one day following the occurrence of the event.