Terms Used In Indiana Code > Title 14 > Article 12 - State Resource Development

• Appraisal: A determination of property value.
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• corporation: means the following:

  Indiana Code 14-12-3-1

• Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• fund: refers to the Indiana natural resources fund established by this chapter. See Indiana Code 14-12-1-1
• fund: refers to the President Benjamin Harrison conservation trust fund established by section 25 of this chapter. See Indiana Code 14-12-2-2
• fund: refers to the hometown Indiana fund established by this chapter. See Indiana Code 14-12-3-2
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
• municipal corporation: has the meaning set forth in IC 36-1-2. See Indiana Code 14-12-3-3
• 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.
• person: means an individual, a partnership, an association, a limited liability company, a corporation, an estate, a trust, or a governmental entity. See Indiana Code 14-12-2-3
• Personal property: All property that is not real property.
• Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
• political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 14-12-1-2
• program: refers to the hometown Indiana grant program established by this chapter. See Indiana Code 14-12-3-4
• project: means an undertaking that:

  Indiana Code 14-12-2-4

• project commission: refers to the President Benjamin Harrison conservation trust project commission established by this chapter. See Indiana Code 14-12-2-5
• property: means an interest in real property. See Indiana Code 14-12-2-6
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• 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.
• real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
• Service of process: The service of writs or summonses to the appropriate party.
• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5