Idaho Code > Title 50 > Chapter 26 – Business Improvement Districts
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Terms Used In Idaho Code > Title 50 > Chapter 26 - Business Improvement Districts
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Business: means all types of business, including vacant structures, common areas, and lots within the district, and including professions. See Idaho Code 50-2602
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Legislative authority: means the legislative authority of any city. See Idaho Code 50-2602
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- 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.
- Property: includes both real and personal property. See Idaho Code 73-114
- 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