Terms Used In Indiana Code > Title 21 > Article 34 - State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds

• 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.
• appointing authority: means the head of a department, division, board, or commission, or an individual or group of individuals who have the power by law or by lawfully delegated authority to make appointments to positions in the state civil service. See Indiana Code 4-15-2.2-2
• Bequest: Property gifted by will.
• class of positions: means a group of positions in the state civil service determined by the director to have sufficiently similar duties, authority, and responsibility such that:

  Indiana Code 4-15-2.2-3

• classified employee: means an employee who:

  Indiana Code 4-15-2.2-4

• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• department: refers to the state personnel department established by section 13 of this chapter. See Indiana Code 4-15-2.2-6
• Devise: To gift property by will.
• director: refers to the state personnel director appointed under section 14 of this chapter. See Indiana Code 4-15-2.2-7
• Dismissal: The dropping of a case by the judge without further consideration or hearing. ^Source:
• division of the service: means any of the following that are subject to this chapter and whose positions are under the same appointing authority:

  Indiana Code 4-15-2.2-8

• Fiduciary: A trustee, executor, or administrator.
• Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
  • You are late making a payment or commit some other default, triggering an increase to a penalty rate
  • The bank changes the terms of your account and you do not reject the change.
  • The rate expires (if the rate was fixed for only a certain period of time).
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• 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}
• Lien: A claim against real or personal property in satisfaction of a debt.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• 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.
• 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.
• Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• state agency: means an authority, board, branch, commission, committee, department, division, or other instrumentality of state government that is subject to this chapter. See Indiana Code 4-15-2.2-9
• state civil service: means public service by individuals who are subject to this chapter. See Indiana Code 4-15-2.2-10
• state institution: means any of the following:

  Indiana Code 4-15-2.2-11

• Statute: A law passed by a legislature.
• Trustee: A person or institution holding and administering property in trust.
• 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
• Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.