Idaho Code > Title 22 > Chapter 26 – Cooperative Marketing Associations
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Terms Used In Idaho Code > Title 22 > Chapter 26 - Cooperative Marketing Associations
- agricultural products: shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee and any farm products;
Idaho Code 22-2602Amendment: 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. Appraisal: A determination of property value. Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account. association: means any corporation organized under this chapter; and
Idaho Code 22-2602Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant. 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. Deed: The legal instrument used to transfer title in real property from one person to another. Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other. Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller. Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury. member: shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock;
Idaho Code 22-2602person: shall include individuals, firms, partnerships, corporations and associations. See Idaho Code 22-2602 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. Property: includes both real and personal property. See Idaho Code 73-114 Quorum: The number of legislators that must be present to do business. Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant. State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114 Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.