Indiana Code > Title 14 > Article 13 > Chapter 4 – River Marina Development Commission
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Terms Used In Indiana Code > Title 14 > Article 13 > Chapter 4 - River Marina Development Commission
- commission: refers to the river marina development commission. See Indiana Code 14-13-4-1
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- corridor: means the strip of land in Indiana abutting the Ohio River and the immediate tributaries of the Ohio River. See Indiana Code 14-13-4-2
- Devise: To gift property by will.
- 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
- 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
- Quorum: The number of legislators that must be present to do business.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5