Terms Used In Alaska Statutes > Title 3 > Chapter 9 - Board of Agriculture and Conservation

• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• banking: has the meaning given in Alaska Stat. See Alaska Statutes 06.26.990
• Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• board: means board of directors. See Alaska Statutes 06.26.990
• certificate of authority: means the certificate of authority issued to a corporation under Alaska Stat. See Alaska Statutes 06.26.990
• chapter: includes regulations adopted under this chapter. See Alaska Statutes 06.26.990
• commissioner: means the commissioner of commerce, community, and economic development. See Alaska Statutes 06.26.990
• Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
• Continuance: Putting off of a hearing ot trial until a later time.
• control: means owning, or holding with the power to vote, 25 percent or more of the voting securities or other capital stock. See Alaska Statutes 06.26.990
• Conviction: A judgement of guilt against a criminal defendant.
• customer: means a person using the services of a trust company or a private trust company, and includes a depositor. See Alaska Statutes 06.26.990
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
• department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.26.990
• Donor: The person who makes a gift.
• Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. ^{Source: OCC}
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Executor: A male person named in a will to carry out the decedent
• exempt private trust company: means a private trust company that has received an exemption under Alaska Stat. See Alaska Statutes 06.26.990
• Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
• fiduciary: means a person to whom the property of another person is entrusted for a purpose specified in a trust instrument or by a court order. See Alaska Statutes 06.26.990
• Fiduciary: A trustee, executor, or administrator.
• fiduciary operations: means operations performed by a fiduciary. See Alaska Statutes 06.26.990
• financial institution: has the meaning given in Alaska Stat. See Alaska Statutes 06.26.990
• Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. ^{Source: OCC}
• Fraud: Intentional deception resulting in injury to another.
• Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
• home jurisdiction regulator: means the governmental agency responsible for regulating an interstate state trust company, interstate national trust company, or international trust company in the jurisdiction where the trust company is chartered or otherwise organized. See Alaska Statutes 06.26.990
• international trust company: means an organization that provides fiduciary services and has offices in countries other than the country in which the home office of the entity is located. See Alaska Statutes 06.26.990
• interstate national trust company: means an organization
  (A) that is chartered as a bank by the United States. See Alaska Statutes 06.26.990
• interstate state trust company: means an organization that
  (A) provides fiduciary services. See Alaska Statutes 06.26.990
• Intestate: Dying without leaving a will.
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Lien: A claim against real or personal property in satisfaction of a debt.
• National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. ^{Source: OCC}
• national bank: has the meaning given in Alaska Stat. See Alaska Statutes 06.26.990
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• personal representative: has the meaning given in Alaska Stat. See Alaska Statutes 06.26.990
• Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
• Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
• property: includes real and personal property. See Alaska Statutes 01.10.060
• purchasing trust company: means a trust company purchasing all or substantially all of the assets of another trust company. See Alaska Statutes 06.26.990
• Quorum: The number of legislators that must be present to do business.
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• representative office: means an office that provides support services for a trust company, but at which the trust company does not provide fiduciary services. See Alaska Statutes 06.26.990
• resident of this state: means an individual who is physically present in Alaska and who intends to remain indefinitely in Alaska. See Alaska Statutes 06.26.990
• selling trust company: means a trust company selling all or substantially all of its assets. See Alaska Statutes 06.26.990
• Service of process: The service of writs or summonses to the appropriate party.
• state bank: has the meaning given in Alaska Stat. See Alaska Statutes 06.26.990
• state financial institution: means an institution organized under this title if the deposits of the institution are insured by an agency of the federal government. See Alaska Statutes 06.26.990
• trust assets: means assets held in trust for another person. See Alaska Statutes 06.26.990
• trust company: means a person who is organized under this chapter to act as a fiduciary and to provide fiduciary services to the general public. See Alaska Statutes 06.26.990
• trust company assets: means assets that are not trust assets and that are owned by a trust company. See Alaska Statutes 06.26.990
• trust office: means an office that provides fiduciary services. See Alaska Statutes 06.26.990
• Trustee: A person or institution holding and administering property in trust.
• Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.
• writing: includes printing. See Alaska Statutes 01.10.060