Terms Used In Indiana Code > Title 4 > Article 33 > Chapter 20 - Gaming Control Division

• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Arrest: Taking physical custody of a person by lawful authority.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
• Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
• charter conversion: means the conversion of a savings bank to a stock savings bank, including any of the following:

  Indiana Code 28-1-21.9-1

• Contract: A legal written agreement that becomes binding when signed.
• conversion plan: refers to the plan of charter conversion of a savings bank to a stock savings bank required by this chapter. See Indiana Code 28-1-21.9-2
• 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.
• director: refers to the director of the department of financial institutions. See Indiana Code 28-1-23.2-1
• division: refers to the gaming control division established under section 3 of this chapter. See Indiana Code 4-33-20-2
• effective time of the charter conversion: means :

  Indiana Code 28-1-21.9-3

• electronic activity: refers to :

  Indiana Code 28-1-23.5-2

• eligible depository financial institution: means a credit union that is organized or reorganized under Indiana law with the express power to receive and accept deposits of money subject to withdrawal by any of the methods set forth in IC 28-1-23-16. See Indiana Code 28-1-23.2-2
• 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}
• Fiduciary: A trustee, executor, or administrator.
• gaming control officer: refers to an officer employee of the division. See Indiana Code 4-33-20-1
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. ^{Source: OCC}
• National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
• 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.
• primary federal regulator: means the federal agency primarily responsible for the regulation of:

  Indiana Code 28-1-21.9-5.1

• prize linked savings program: means a contest:

  Indiana Code 28-1-23.2-6

• Property: includes personal and real property. See Indiana Code 1-1-4-5
• savings bank: has the meaning set forth in Indiana Code 28-1-21.9-5.5
• Statute: A law passed by a legislature.
• stock savings bank: means a savings bank that is:

  Indiana Code 28-1-21.9-6

• Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
• Trustee: A person or institution holding and administering property in trust.
• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
• voting parties: means the:

  Indiana Code 28-1-21.9-7