Indiana Code > Title 6 > Article 8.1 > Chapter 9.7 – Treasury Offset Program
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Terms Used In Indiana Code > Title 6 > Article 8.1 > Chapter 9.7 - Treasury Offset Program
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- debt: means a delinquent state tax or nontax debt certified by the treasurer of state or a federal nontax debt certified by a federal official. See Indiana Code 6-8.1-9.7-1
- federal official: means a unit or official of the federal government that:
Indiana Code 6-8.1-9.7-2
- Fiduciary: A trustee, executor, or administrator.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- offset agreement: means an agreement between the office of management and budget and the Secretary of the Treasury of the United States authorized by this chapter. See Indiana Code 6-8.1-9.7-3
- 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, vendor, contractor, partnership, society, association, joint stock company, limited liability company, corporation, estate, receiver, trustee, or assignee, any other person acting in a fiduciary or representative capacity whether appointed by a court or otherwise, or any combination of such individuals or entities. See Indiana Code 6-8.1-9.7-4
- state payments: includes tax refunds and any vendor or contractor payments made by the state to any person, including expense reimbursements to an employee of the state. See Indiana Code 6-8.1-9.7-5
- tax refund: means an amount described as a refund of tax under the provision of the state tax law that authorized the payment of the refund. See Indiana Code 6-8.1-9.7-6
- 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