Terms Used In Indiana Code > Title 24 > Article 4 - Regulated Businesses

• accredited college or university: refers to a college or university that is accredited by one (1) of the following regional accrediting agencies:

  Indiana Code 24-4-11-2

• agency: refers to any agency of the executive, legislative, or judicial branch of state government. See Indiana Code 4-23-25-1
• Appraisal: A determination of property value.
• architectural salvage material: means an item originally installed on or in a dwelling, a business, or any other structure and subsequently removed from the dwelling, business, or other structure. See Indiana Code 24-4-16-2
• authorized driver: means :

  Indiana Code 24-4-9-1

• board: refers to the American Board of Industrial Hygiene, a nonprofit corporation established to improve the practice and educational standards of the profession of industrial hygiene by certifying individuals who meet its education, experience, and examination requirements. See Indiana Code 24-4-11-3
• bona fide purchaser: means a person who in good faith makes a purchase without notice of any outstanding rights of others. See Indiana Code 24-4-17-2
• circulating product: includes :

  Indiana Code 24-4-5-1.1

• claim: means a right to payment, whether or not the right is reduced to judgment, liquidated, fixed, matured, disputed, secured, legal, or equitable. See Indiana Code 24-4-17-3
• Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
• commission: refers to the Dr. See Indiana Code 4-23-24.1-1
• commission: refers to the Indiana commission for women established by section 3 of this chapter. See Indiana Code 4-23-25-2
• commission: refers to the Indiana women's suffrage centennial commission established by section 5 of this chapter. See Indiana Code 4-23-25.1-2
• commission: means compensation that accrues to a sales representative, for payment by a principal, at a rate expressed as a percentage of the dollar amount of orders taken or sales made by the sales representative. See Indiana Code 24-4-7-1
• commission: means the fee that a consignor and a retail merchant have agreed that the retail merchant may retain after the sale of the consignor's item to a third party. See Indiana Code 24-4-17-4
• Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
• Consumer: shall be deemed to mean an individual, firm, partnership, association, limited liability company, or corporation who buys for his or its own use, or for the use of another but not for resale. See Indiana Code 24-4-3-1
• Conviction: A judgement of guilt against a criminal defendant.
• covered establishment: means a:

  Indiana Code 24-4-23.2-2

• creditor: means a person who has a claim. See Indiana Code 24-4-17-5
• criminal history information: means information:

  Indiana Code 24-4-18-1

• customer: means a person who:

  Indiana Code 24-4-14-2

• damage: means physical damage or loss to a vehicle, including loss of use of the vehicle and the cost and expenses incident to any damage or loss. See Indiana Code 24-4-9-3
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• dealer: means a person who purchases or otherwise acquires architectural salvage material for resale or reuse as part of the normal course of the person's business. See Indiana Code 24-4-16-3
• defibrillator: means an automated external defibrillator. See Indiana Code 24-4-15-1
• delivery container: means a permanent container used by:

  Indiana Code 24-4-5-1.2

• delivery period: means a period during which a shared vehicle is delivered to a location identified in the shared vehicle agreement before the vehicle sharing start time. See Indiana Code 24-4-9.2-1
• Dependent: A person dependent for support upon another.
• direct molding process: means any process by which a manufactured watercraft or its component part is used as a plug for the making of a mold from which a duplicate of the watercraft or component is made. See Indiana Code 24-4-8-1
• education: means :

  Indiana Code 24-4-11-5

• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• 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.
• Ex officio: Literally, by virtue of one's office.
• experience: means the completion of professional level work sufficient to provide competence in the following:

  Indiana Code 24-4-11-6

• Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. ^{Source: OCC}
• 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.
• Fiduciary: A trustee, executor, or administrator.
• fund: refers to the Indiana women's suffrage centennial commission fund established by section 14 of this chapter. See Indiana Code 4-23-25.1-3
• health club: means an establishment at which:

  Indiana Code 24-4-15-2

• Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
• Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. ^{Source: FDIC}
• industrial hygiene: means the science and practice of anticipating, recognizing, evaluating, and controlling the environmental factors and stresses arising in or from the workplace that may cause sickness, impaired health and well-being, or significant discomfort among workers and the general community. See Indiana Code 24-4-11-7
• infant formula: means any food manufactured, packaged, and labeled specifically for sale for consumption by a child under two (2) years of age. See Indiana Code 24-4-12-5
• Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
• jewelry: means personal ornaments made of gold, silver, or platinum that may or may not contain precious, semiprecious, or imitation stones. See Indiana Code 24-4-19-2
• 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}
• Legal tender: coins, dollar bills, or other currency issued by a government as official money. ^{Source: U.S. Mint}
• Lien: A claim against real or personal property in satisfaction of a debt.
• Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
• low THC hemp extract: has the meaning set forth in Indiana Code 24-4-22-1
• manufacturer: means a person who manufactures a recording. See Indiana Code 24-4-10-1
• medical device: means an instrument, an apparatus, an implement, a machine, a contrivance, an implant, an in vitro reagent, a tool, or other similar or related article, including a component part or an accessory:

  Indiana Code 24-4-12-7

• minor: means a person less than eighteen (18) years of age. See Indiana Code 1-1-4-5
• Minority leader: See Floor Leaders
• mint issued coin: means a coin that:

  Indiana Code 24-4-19-3

• mold: means any pattern, hollow form, matrix, or other device for giving shape or form to material in a plastic or molten state. See Indiana Code 24-4-8-2
• Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• motor vehicle insurance policy: means an insurance policy that provides:

  Indiana Code 24-4-9.2-2

• new and unused property: means tangible personal property that:

  Indiana Code 24-4-12-4

• on consignment: means that no:

  Indiana Code 24-4-17-6

• online order: means an order that is:

  Indiana Code 24-4-23.2-3

• permanent place of business: means a fixed premises:

  Indiana Code 24-4-19-4

• Person: shall be deemed to mean a person, firm, partnership, association, limited liability company, or corporation. See Indiana Code 24-4-3-1
• person: means an individual, corporation, limited liability company, partnership, unincorporated association, estate, or trust. See Indiana Code 24-4-7-2
• person: means an individual, a firm, a partnership, limited liability company, an association, a joint stock company, a corporation, a trust, an estate, or any combination of individuals. See Indiana Code 24-4-9-4
• person: means an individual, a corporation, a limited liability company, a partnership, or another legal entity. See Indiana Code 24-4-9.2-5
• person: means an individual, partnership, limited liability company, corporation, association, or any other legal entity. See Indiana Code 24-4-10-2
• person: means an individual, a partnership, a corporation, a limited liability company, or another organization. See Indiana Code 24-4-14-5
• person: means an individual, a corporation, a limited liability company, a partnership, an association, a firm, or an educational institution. See Indiana Code 24-4-15-3
• person: has the meaning set forth in Indiana Code 24-4-16.4-1
• person: means an individual, a firm, an association, a limited liability company, a partnership, a joint stock association, a trust, or a corporation. See Indiana Code 24-4-19-5
• person: means an individual, a corporation, a partnership, an association, or another legal entity. See Indiana Code 24-4-23.2-4
• personal information: has the meaning set forth in Indiana Code 24-4-14-6
• Personal property: All property that is not real property.
• Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
• Plaintiff: The person who files the complaint in a civil lawsuit.
• plug: means a manufactured item used to make a mold. See Indiana Code 24-4-8-3
• precious metal: means :

  Indiana Code 24-4-19-6

• precious metal dealer: means a person who engages in the business of purchasing precious metal for the purpose of reselling the precious metal in any form. See Indiana Code 24-4-19-7
• President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
• principal: means a person who:

  Indiana Code 24-4-7-3

• purchase: means to acquire property in exchange for cash, credit, or other valuable consideration. See Indiana Code 24-4-19-8
• Quorum: The number of legislators that must be present to do business.
• recording: means a tangible medium upon which sounds or visual images are recorded or stored. See Indiana Code 24-4-10-3
• registrant: means a supplier of a circulating product or the owner of a delivery container who has filed under section 1 of this chapter a description of a name, mark, or device used to indicate the ownership of the circulating product or delivery container. See Indiana Code 24-4-5-1.3
• 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.
• rental agreement: means a written contract:

  Indiana Code 24-4-9-5

• rental company: means any person engaged in the business of regularly making available, or arranging for another person to use, a vehicle under a rental agreement. See Indiana Code 24-4-9-7
• renter: means a person who obtains the use of a vehicle from a rental company under a rental agreement. See Indiana Code 24-4-9-6
• retail merchant: means a retail merchant making a retail transaction as described in Indiana Code 24-4-17-7
• sales representative: means a person who:

  Indiana Code 24-4-7-4

• second-hand watch: shall be deemed to mean:

  Indiana Code 24-4-3-1

• seller: means a consumer or other person who sells precious metal to a precious metal dealer. See Indiana Code 24-4-19-9
• sexually explicit materials: means a product or service:

  Indiana Code 24-4-16.4-2

• shared vehicle: means a vehicle that a shared vehicle owner has made available for P2P vehicle sharing with a shared vehicle driver through a P2P vehicle sharing program. See Indiana Code 24-4-9.2-6
• shared vehicle agreement: means a written contract:

  Indiana Code 24-4-9.2-11

• shared vehicle driver: means a person who:

  Indiana Code 24-4-9.2-7

• shared vehicle owner: means an individual who makes a shared vehicle available for P2P vehicle sharing with a shared vehicle driver through a P2P vehicle sharing program. See Indiana Code 24-4-9.2-8
• Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
• start time: means the time, as identified in the shared vehicle agreement, when the shared vehicle driver is authorized to use a shared vehicle. See Indiana Code 24-4-9.2-9
• state department: refers to the Indiana department of health. See Indiana Code 24-4-15-4
• termination time: means the earliest of the following events:

  Indiana Code 24-4-9.2-10

• third party food delivery service: means a person that:

  Indiana Code 24-4-23.2-5

• Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
• 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}
• unused property market: means an event:

  Indiana Code 24-4-12-2

• unused property merchant: means a person, other than a vendor or a merchant with an established retail store in the county, who transports an inventory of goods to a building, vacant lot, or other unused property market location and who, at that location, displays the goods for sale and sells the goods at retail or offers the goods for sale at retail. See Indiana Code 24-4-12-3
• vehicle: means a private passenger motor vehicle primarily designed for transporting passengers. See Indiana Code 24-4-9-8
• vehicle license cost recovery fee: means a charge imposed by a rental company to recover costs incurred by the rental company in licensing, titling, registering, plating, and inspecting a vehicle. See Indiana Code 24-4-9-8.5
• vehicle sharing period: means a period beginning with:

  Indiana Code 24-4-9.2-12

• waiver: means any contract or contract provision, whether separate from or a part of a rental agreement, under which a rental company agrees to waive all claims against the renter for any physical or mechanical damage or other loss or liability, as described in section 13 of this chapter, to or in connection with the rented vehicle during the term of the rental agreement. See Indiana Code 24-4-9-2
• watercraft: means any instrumentality or device in or by means of which a person may be transported upon waters and includes a motorboat, sailboat, rowboat, skiff, dinghy, or canoe of whatever length or size. See Indiana Code 24-4-8-4