Terms Used In Connecticut General Statutes > Chapter 748 - Registered Public Obligations

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• another: may extend and be applied to communities, companies, corporations, public or private, limited liability companies, societies and associations. See Connecticut General Statutes 1-1
• Authorized officer: means any individual required or permitted, alone or with others, by any provision of law or by the issuing public entity, to execute on behalf of the public entity a certificated registered public obligation or a writing relating to an uncertificated registered public obligation. See Connecticut General Statutes 42b-1
• banks: shall include all incorporated banks. See Connecticut General Statutes 1-1
• Certificated registered public obligation: means a registered public obligation which is represented by an instrument. See Connecticut General Statutes 42b-1
• Code: means the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as from time to time amended. See Connecticut General Statutes 42b-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.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Facsimile seal: means the reproduction by engraving, imprinting, stamping or other means of the seal of the issuer, official or official body. See Connecticut General Statutes 42b-1
• Facsimile signature: means the reproduction by engraving, imprinting, stamping or other means of a manual signature. See Connecticut General Statutes 42b-1
• Financial intermediary: means a bank, broker, clearing corporation or other person or the nominee of any of them, which in the ordinary course of its business maintains registered public obligation accounts for its customers, when so acting. See Connecticut General Statutes 42b-1
• Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. ^{Source: OCC}
• Issuer: means a public entity which issues an obligation. See Connecticut General Statutes 42b-1
• 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}
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• month: means a calendar month, and the word "year" means a calendar year, unless otherwise expressed. See Connecticut General Statutes 1-1
• 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.
• Obligation: means an agreement of a public entity to pay principal and any interest thereon, whether in the form of a contract to repay borrowed money, a lease, an installment purchase agreement, or otherwise, and includes a share, participation, or other interest in any such agreement. See Connecticut General Statutes 42b-1
• Official actions: means the actions, by statute, order, ordinance, resolution, contract or other authorized means, by which the issuer provides for issuance of a registered public obligation. See Connecticut General Statutes 42b-1
• Official or official body: means the officer or board that is empowered under the laws of one or more states, including this state, or by the charter, ordinance, resolution or other authorization of the issuer, to provide for original issuance of an obligation of the issuer, by defining the obligation and its terms, conditions and other incidents, the successor or successors of any such official or official body and such other person or group of persons as shall be assigned duties of such official or official body with respect to a registered public obligation under applicable law from time to time. See Connecticut General Statutes 42b-1
• Ordinance: means an enactment under the provisions of section 7-157. See Connecticut General Statutes 1-1
• Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
• Public entity: means any entity, department or agency which is empowered under the laws of one or more states or territories, the District of Columbia or possessions of the United States, including this state, to issue obligations any interest with respect to which may, under any provision of law, be provided an exemption from the income tax referred to in the code. See Connecticut General Statutes 42b-1
• Registered public obligation: means an obligation issued by a public entity pursuant to a system of registration. See Connecticut General Statutes 42b-1
• Statute: A law passed by a legislature.
• System of registration: means a plan that provides: (1) With respect to a certificated registered public obligation, that: (A) The certificated registered public obligation specify a person entitled to the registered public obligation and the rights it represents. See Connecticut General Statutes 42b-1
• Uncertificated registered public obligation: means a registered public obligation which is not represented by an instrument. See Connecticut General Statutes 42b-1