California Codes > Streets and Highways Code > Division 18 > Part 2 > Chapter 3 – Powers
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Terms Used In California Codes > Streets and Highways Code > Division 18 > Part 2 > Chapter 3 - Powers
- Bequest: Property gifted by will.
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- County: includes "city and county. See California Welfare and Institutions Code 14
- Department: means the Department of Transportation of this state. See California Streets and Highways Code 20
- Devise: To gift property by will.
- Fraud: Intentional deception resulting in injury to another.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Personal property: All property that is not real property.