Indiana Code > Title 8 > Article 22 > Chapter 3.7 – Airport Development Authority
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code > Title 8 > Article 22 > Chapter 3.7 - Airport Development Authority
- airport project: has the meaning set forth in Indiana Code 8-22-3.7-1
- 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
- Bequest: Property gifted by will.
- bonds: means bonds, notes, or other evidences of indebtedness issued by the development authority. See Indiana Code 8-22-3.7-2
- Contract: A legal written agreement that becomes binding when signed.
- development authority: refers to an airport development authority created by this chapter. See Indiana Code 8-22-3.7-3
- development board: refers to the board of directors of a development authority. See Indiana Code 8-22-3.7-4
- Devise: To gift property by will.
- eligible entity: means the following:
Indiana Code 8-22-3.7-4.5
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- 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
- Population: has the meaning set forth in Indiana Code 1-1-4-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Quorum: The number of legislators that must be present to do business.
- 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.
- Statute: A law passed by a legislature.
- Trustee: A person or institution holding and administering property in trust.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5