Alabama Code > Title 40 > Chapter 9F – Rehabilitation of Historic Structures
Current as of: 2024 | Check for updates
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Other versions
Article 1 | [General Provisions] | 40-9F-1 – 40-9F-8 |
Article 2 | Tax Credit for Historic Structures | 40-9F-30 – 40-9F-38 |
Terms Used In Alabama Code > Title 40 > Chapter 9F - Rehabilitation of Historic Structures
- 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.
- Appraisal: A determination of property value.
- 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.
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.