Terms Used In Arizona Laws > Title 48 > Chapter 30 > Article 2 - Financing

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Authority: means a regional transportation authority organized under this chapter. See Arizona Laws 48-5301
• Board: means the board of directors of a regional transportation authority established pursuant to section 48-5303. See Arizona Laws 48-5301
• Contract: A legal written agreement that becomes binding when signed.
• County: means a county with a population of less than one million two hundred thousand persons in which a regional transportation authority is established pursuant to section 48-5302. See Arizona Laws 48-5301
• Fiscal agent: means a bank or trust company authorized to do business in this state or the county treasurer as designated by the board. See Arizona Laws 48-5301
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Lien: A claim against real or personal property in satisfaction of a debt.
• Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
• Property: includes both real and personal property. See Arizona Laws 1-215
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
• Trustee: A person or institution holding and administering property in trust.
• Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}
• Writing: includes printing. See Arizona Laws 1-215