Terms Used In Idaho Code > Title 39 > Chapter 81 - Basin Environmental Improvement Act

• Administrator: means the administrator or a member of the board of administrators of the basin environmental improvement fund and financing authority. See Idaho Code 39-8103
• administrators: means the administrator or board of administrators of the basin environmental improvement fund and financing authority. See Idaho Code 39-8103
• 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.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Basin: means the watershed of Coeur d’Alene Lake within the counties of Shoshone, Kootenai and Benewah in the state of Idaho. See Idaho Code 39-8103
• basin project: means the environmental and natural resources restoration and related measures regarding heavy metal contamination in the basin undertaken by the commission. See Idaho Code 39-8103
• Bequest: Property gifted by will.
• commission: means the entity organized by the authority of this chapter and agreements, compacts, reciprocal legislation or resolutions with or by the United States of America, the Coeur d’Alene tribe or the state of Washington to implement the basin project. See Idaho Code 39-8103
• Commissioner: means a member of the board of commissioners of the basin environmental improvement project commission. See Idaho Code 39-8103
• Contract: A legal written agreement that becomes binding when signed.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Devise: To gift property by will.
• 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.
• Executive director: means the executive director of the basin environmental improvement project commission. See Idaho Code 39-8103
• Fiduciary: A trustee, executor, or administrator.
• financing authority: means the entity established by the authority of this chapter, and agreements, compacts, reciprocal legislation or resolutions with or by the United States of America, the Coeur d’Alene tribe or the state of Washington to accept and invest funds and finance the activities of the basin project. See Idaho Code 39-8103
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• 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}
• Lien: A claim against real or personal property in satisfaction of a debt.
• 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.
• other obligations: means any bonds, notes, debentures, interim certificates or other evidence of financial indebtedness issued by the financing authority pursuant to this chapter. See Idaho Code 39-8103
• person: includes a corporation as well as a natural person;