Terms Used In Indiana Code > Title 28 > Article 9 - Depository Financial Institutions Adverse Claims Act

• development agreement: means the written agreement or group of written agreements that:

  Indiana Code 4-33-23-2

• development provider: means :

  Indiana Code 4-33-23-3

• economic development payment: means monetary disbursement paid under a development agreement that is:

  Indiana Code 4-33-23-4

• Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
• 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}
• specified recipient: means a person that is named in a development agreement that:

  Indiana Code 4-33-23-5

• unspecified recipient: means a person that is not named in a development agreement that receives a disbursement of money from a specified recipient. See Indiana Code 4-33-23-6
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5