Indiana Code > Title 31 > Article 26 > Chapter 4.5 – Insuring Foster Youth Trust Program
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Terms Used In Indiana Code > Title 31 > Article 26 > Chapter 4.5 - Insuring Foster Youth Trust Program
- 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.
- 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.
- fund: refers to the insuring foster youth trust fund established by section 4 of this chapter. See Indiana Code 31-26-4.5-3
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5