Terms Used In Indiana Code > Title 5 > Article 1 > Chapter 17.5 - Motorsports Investment District

• adjacent mineral producer: means a person that:

  Indiana Code 32-23-13-1

• Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
• admissions fees: means the admissions fees under IC 6-8-14. See Indiana Code 5-1-17.5-2
• 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.
• Allegation: something that someone says happened.
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Appraisal: A determination of property value.
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• 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
• authority: refers to the Indiana finance authority. See Indiana Code 5-1-17.5-4
• board: refers to the board of directors of the commission. See Indiana Code 5-1-17.5-5
• board: refers to the board of directors of an association of co-owners of a condominium. See Indiana Code 32-25-8.5-2
• bonds: has the meaning set forth in Indiana Code 5-1-17.5-6
• budget agency: means the budget agency established by IC 4-12-1-3. See Indiana Code 5-1-17.5-7
• budget committee: means the budget committee established by IC 4-12-1-3. See Indiana Code 5-1-17.5-8
• claim: refers to any of the following:

  Indiana Code 32-25-8.5-3

• claim: refers to any of the following:

  Indiana Code 32-25.5-5-2

• claimant: refers to a party who has a claim against another party. See Indiana Code 32-25-8.5-4
• claimant: refers to a party who has a claim against another party. See Indiana Code 32-25.5-5-3
• Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
• coal land: means the coal estate in land that contains coal and is subject to a vested interest by a plaintiff, under this chapter, to the coal lying within the land. See Indiana Code 32-23-12-2
• coal owner: means a person vested with an undivided fractional fee simple interest or other freehold interest in coal contained within the coal land. See Indiana Code 32-23-12-3
• commission: refers to the Indiana motorsports commission created by this chapter. See Indiana Code 5-1-17.5-9
• 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.
• Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
• condemnor: means a person authorized to exercise the power of eminent domain. See Indiana Code 32-24-4.5-2
• conservation easement: means a nonpossessory interest of a holder in real property that imposes limitations or affirmative obligations with the purpose of:

  Indiana Code 32-23-5-2

• 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.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
• department: refers to the department of state revenue. See Indiana Code 5-1-17.5-10
• Docket: A log containing brief entries of court proceedings.
• dwelling unit: has the meaning set forth in IC 32-31-5-3. See Indiana Code 32-25.5-3.5-2
• 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}
• 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.
• exempt claim: refers to any of the following claims or actions:

  Indiana Code 32-25-8.5-5

• exempt claim: refers to any of the following claims or actions:

  Indiana Code 32-25.5-5-4

• 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.
• Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
• fiscal officer: means :

  Indiana Code 32-24-2-1

• 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.
• Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
• Fraud: Intentional deception resulting in injury to another.
• governing documents: has the meaning set forth in Indiana Code 32-25.5-3.7-1
• Grantor: The person who establishes a trust and places property into it.
• Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
• Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
• holder: means any of the following:

  Indiana Code 32-23-5-3

• 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.
• Inter vivos: Transfer of property from one living person to another living person.
• 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}
• joint owner: means a person who is a joint tenant, a tenant in common, a tenant by the entirety, or other person who is a coal owner of less than one hundred percent (100%) of an undivided interest in all the coal within the coal land that is sought to be developed. See Indiana Code 32-23-12-4
• Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
• 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.
• lawful fence: means any structure typically used by husbandmen for the enclosure of property. See Indiana Code 32-26-2-1
• 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 proceedings: refers to either of the following:

  Indiana Code 32-25-8.5-6

• legal proceedings: refers to either of the following:

  Indiana Code 32-25.5-5-5

• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• licensed physician: has the meaning set forth in IC 16-18-2-202. See Indiana Code 32-25.5-3.7-1.5
• Lien: A claim against real or personal property in satisfaction of a debt.
• Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
• Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
• Mentally incompetent: means of unsound mind. See Indiana Code 1-1-4-5
• mineral interest: means the interest that is created by an instrument that transfers, by:

  Indiana Code 32-23-10-1

• mineral interest of an unknown or missing owner: means :

  Indiana Code 32-23-13-2

• 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.
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• motorsports investment district: means the geographic area established as a motorsports investment district under this chapter. See Indiana Code 5-1-17.5-11
• municipality: means a city or town. See Indiana Code 32-24-2-2
• 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.
• parcel of real property: means real property that:

  Indiana Code 32-24-4.5-3

• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• party: refers to any of the following:

  Indiana Code 32-25-8.5-7

• party: refers to any of the following:

  Indiana Code 32-25.5-5-6

• person: has the meaning set forth in IC 36-1-2-12. See Indiana Code 5-1-17.5-12
• Plaintiff: The person who files the complaint in a civil lawsuit.
• Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
• political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 5-1-17.5-13
• Population: has the meaning set forth in Indiana Code 1-1-4-5
• Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
• 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.
• private person: means a person other than a public agency. See Indiana Code 32-24-4.5-4
• Probate: Proving a will
• property: refers to real property or personal property. See Indiana Code 32-24-2-3
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
• public agency: means :

  Indiana Code 32-24-4.5-5

• public utility: has the meaning set forth in Indiana Code 32-23-11-2
• qualified motorsports facility: means a facility that:

  Indiana Code 5-1-17.5-14

• Quorum: The number of legislators that must be present to do business.
• railroad: refers to a railroad company. See Indiana Code 32-23-11-3
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
• relocation costs: means relocation expenses payable in accordance with the federal Uniform Relocation Assistance Act (Indiana Code 32-24-4.5-6
• residential property: means real property that consists of:

  Indiana Code 32-24-4.5-6.2

• respondent: refers to the party against whom a claimant has a claim. See Indiana Code 32-25-8.5-8
• respondent: refers to the party against whom a claimant has a claim. See Indiana Code 32-25.5-5-7
• Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
• right-of-way: means a strip or parcel of real property in which a railroad has acquired an interest for use as a part of the railroad's transportation corridor. See Indiana Code 32-23-11-4
• Service of process: The service of writs or summonses to the appropriate party.
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
• solar energy system: means a solar photovoltaic device whose primary purpose is to use solar energy to produce electricity. See Indiana Code 32-25.5-3.5-3
• Statute: A law passed by a legislature.
• Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
• Summons: Another word for subpoena used by the criminal justice system.
• Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
• Testify: Answer questions in court.
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• third party right of enforcement: means a right that is:

  Indiana Code 32-23-5-4

• Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
• 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.
• 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
• unknown or missing owner: means a person:

  Indiana Code 32-23-13-3

• Venue: The geographical location in which a case is tried.
• Verdict: The decision of a petit jury or a judge.
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
• veteran: includes "Hoosier veteran" and applies to the construction of all Indiana statutes, unless the construction is expressly excluded by the terms of the statute, is plainly repugnant to the intent of the general assembly or of the context of the statute, or is inconsistent with federal law. See Indiana Code 1-1-4-5
• works board: means :

  Indiana Code 32-24-2-4

• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5