§ 5:12-1 Short title; declaration of policy and legislative findings
§ 5:12-1.1 References to include “Casino Simulcasting Act”
§ 5:12-2 Definitions
§ 5:12-2.1 “Affiliate”
§ 5:12-2.1a “Annuity jackpot.”
§ 5:12-2.2 “Annuity jackpot guarantee.”
§ 5:12-3 “Applicant”
§ 5:12-4 “Application”
§ 5:12-4.1 “Attorney”
§ 5:12-5 “Authorized game” or “authorized gambling game”
§ 5:12-5.2 “Cash equivalent value.”
§ 5:12-6 “Casino” or “casino room” or “licensed casino.”
§ 5:12-6.1 “Casino bankroll.”
§ 5:12-7 “Casino employee.”
§ 5:12-9 “Casino key employee.”
§ 5:12-10 “Casino license”
§ 5:12-11 “Casino security employee”
§ 5:12-12 “Casino service industry enterprise.”
§ 5:12-13 “Chairman” and “commissioner” or “member”
§ 5:12-14 “Commission”
§ 5:12-14a “Complimentary service or item.”
§ 5:12-14.1 “Conservator”
§ 5:12-14.2 “Conservatorship action”
§ 5:12-14.2a “Corporate Officer.”
§ 5:12-14.3 “Creditor”
§ 5:12-14.4 “Debt.”
§ 5:12-15 “Director”
§ 5:12-16 “Division”
§ 5:12-16.1 “Encumbrance”
§ 5:12-17 “Equal employment opportunity”
§ 5:12-18 “Equity security”
§ 5:12-19 “Establishment”
§ 5:12-20 “Family.”
§ 5:12-21 “Game” or “gambling game”
§ 5:12-22 “Gaming” or “gambling”
§ 5:12-23 “Gaming device” or “gaming equipment”
§ 5:12-24 “Gross revenue.”
§ 5:12-25 “Hearing examiner.”
§ 5:12-26 “Holding company.”
§ 5:12-27 “Hotel” or “approved hotel.”
§ 5:12-27.1 “Institutional investor.”
§ 5:12-27a “Independent software contractor.”
§ 5:12-28 “Intermediary company.”
§ 5:12-28.1 “Internet gaming.”
§ 5:12-28.2 “Internet gaming gross revenue.”
§ 5:12-29 Junket
§ 5:12-29.1 “Junket enterprise”
§ 5:12-29.2 “Junket representative”
§ 5:12-30 “License”
§ 5:12-31 “License or Registration Fee”
§ 5:12-32 “Licensed casino operation”
§ 5:12-33 “Licensee”
§ 5:12-33a “Multi-casino employee.”
§ 5:12-33.1 “Multi-casino progressive slot machine system.”
§ 5:12-34 “Operation”
§ 5:12-35 “Operation certificate.”
§ 5:12-36 “Party.”
§ 5:12-37 “Person”
§ 5:12-38.1 “Property”
§ 5:12-38a “Promotional gaming credit.”
§ 5:12-39 “Publicly traded corporation.”
§ 5:12-40 “Registration”
§ 5:12-41 “Registrant”
§ 5:12-42 “Regulated complimentary service account”
§ 5:12-42.1 “Resident”
§ 5:12-43 “Respondent”
§ 5:12-43.1 “Restricted casino areas.”
§ 5:12-44 “Security.”
§ 5:12-44.1 “Simulcasting facility”
§ 5:12-45 “Slot machine.”
§ 5:12-45.1 “Slot system agreement.”
§ 5:12-45.2 “Slot system operator.”
§ 5:12-45.3 “State of emergency.”
§ 5:12-46 “Statement of compliance.”
§ 5:12-47 “Subsidiary”
§ 5:12-47.2 “Transfer”
§ 5:12-49 Words and terms: tense, number and gender
§ 5:12-50 Creation of casino control commission; number of members
§ 5:12-51 Members of the commission; qualifications and eligibility
§ 5:12-52 Appointment and terms of commission members
§ 5:12-53 Compensation of members
§ 5:12-54 Organization and employees
§ 5:12-54.1 Restrictions on certain contributions
§ 5:12-55 Division of gaming enforcement
§ 5:12-56 Organization and employees
§ 5:12-57 Expenses; limits
§ 5:12-58 Restrictions on pre-employment by commissioners, commission employees and division employees and agents
§ 5:12-59 Employment restrictions on commissioners, commission employees and division employees
§ 5:12-60 Post-employment restrictions
§ 5:12-61 Applicant and licensee liability for violations
§ 5:12-62 Enforcement
§ 5:12-63 Duties of the commission
§ 5:12-66 Investigative hearings
§ 5:12-68 Collection of fees, penalties or tax
§ 5:12-69 Regulations
§ 5:12-70 Required regulations
§ 5:12-71 Regulation requiring exclusion of certain persons
§ 5:12-71.1 Exclusion, ejection of certain persons
§ 5:12-71.2 List of persons self-excluded from gaming activities
§ 5:12-71.3 Penalties for gaming by prohibited persons
§ 5:12-72 Commission reports and recommendations
§ 5:12-73 Meetings and quorum
§ 5:12-74 Minutes and records
§ 5:12-74.1 Information, data deemed confidential; exceptions
§ 5:12-75 Powers not enumerated
§ 5:12-76 General duties and powers
§ 5:12-76.1 Internet gambling public awareness campaign
§ 5:12-77 Law enforcement powers, responsibilities
§ 5:12-78 Cooperation by licensees, registrants or applicants
§ 5:12-79 Inspection, seizure and warrants
§ 5:12-80 General provisions
§ 5:12-80.1 Pilot program for issuance of additional types of casino licenses
§ 5:12-80.2 Increase of casino space by small-scale, staged casino facility; special amenities
§ 5:12-81 Statement of compliance
§ 5:12-82 Casino license – applicant eligibility
§ 5:12-83 Approved hotel
§ 5:12-84 Casino license – applicant requirements
§ 5:12-85 Additional requirements
§ 5:12-85.1 Qualifications for issuance of casino license
§ 5:12-85.2 Applicability of act
§ 5:12-86 Casino license – disqualification criteria
§ 5:12-87 Investigation of applicants for casino licenses; report, recommendation
§ 5:12-87.1 Submission of documentation, information by licensee
§ 5:12-89 Licensing of casino key employees
§ 5:12-89.1 Information provided to formerly incarcerated individuals
§ 5:12-91 Registration of casino employees
§ 5:12-91.1 Endorsement as multi-casino employee
§ 5:12-92 Licensing of casino service industry enterprises
§ 5:12-93 Registration of labor organizations
§ 5:12-94 Approval and denial of registrations and licenses other than casino licenses
§ 5:12-95 Renewal of licenses and registrations
§ 5:12-95.12 Applicability and requirements
§ 5:12-95.13 Commission consideration of request for interim casino authorization
§ 5:12-95.14 Provisions and application of trust agreement
§ 5:12-95.15 Obligations and responsibilities
§ 5:12-95.16 Time for determining qualification
§ 5:12-95.17 Findings, declarations relative to Internet gaming in Atlantic City casinos, facilities
§ 5:12-95.18 Reports regarding the impact of gaming through the Internet
§ 5:12-95.19 Annual tax on Internet gaming gross revenues
§ 5:12-95.20 Federal law applicable
§ 5:12-95.21 Permit required to conduct Internet gaming
§ 5:12-95.22 Location of primary Internet gaming operation
§ 5:12-95.22a Severability
§ 5:12-95.23 Conditions for acceptance of Internet wagers
§ 5:12-95.24 Disposition of inactive, dormant accounts
§ 5:12-95.25 Assistance to people with gambling problem
§ 5:12-95.26 Offering of Internet gaming without approval, fourth degree crime; fines
§ 5:12-95.27 Tampering with equipment, third degree crime; fines
§ 5:12-95.28 Tampering affecting odds, payout, third degree crime; fines
§ 5:12-95.29 Annual fees for issuance, renewal of Internet gaming permits
§ 5:12-95.30 Facilities permitted to conduct Internet gaming; violations, penalties
§ 5:12-95.31 Acceptance of certain out-of-State wagers
§ 5:12-95.32 “Internet gaming affiliate.”
§ 5:12-95.33 Determination of date law becomes operative, expires
§ 5:12-96 Operation certificate
§ 5:12-97 Hours of operation
§ 5:12-98 Casino facility requirements
§ 5:12-99 Internal controls
§ 5:12-100 Games and gaming equipment
§ 5:12-100.1 Right to receive annuity jackpot payments
§ 5:12-100.2 Prompt notice of award of annuity jackpot; offset, lien for child support arrearages
§ 5:12-101 Credit
§ 5:12-101.1 Accounts established, limitations
§ 5:12-101.2 Cash redemption, limited
§ 5:12-101.3 Report of cash transactions
§ 5:12-102 Junkets and complimentary services
§ 5:12-103 Alcoholic beverages in casino hotel facilities
§ 5:12-104 Casino licensees, leases, contracts
§ 5:12-105 Disposition of securities by corporate licensee
§ 5:12-106 Casino employment
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts
§ 5:12-108 Proceedings against licensees
§ 5:12-109 Emergency orders
§ 5:12-110 Judicial review
§ 5:12-111 Penalties for willful evasion of payment of license fees, other acts and omissions
§ 5:12-112 Unlicensed casino gambling games unlawful; penalties
§ 5:12-113 Swindling and cheating; penalties
§ 5:12-113.1 Use of certain devices in playing games, grading of offense; forfeiture of devices
§ 5:12-114 Unlawful use of bogus chips or gaming billets, marked cards, dice, cheating devices, unlawful coins; penalty
§ 5:12-115 Cheating games and devices in a licensed casino; penalty
§ 5:12-116 Unlawful possession of device, equipment or other material illegally manufactured, distributed, sold or serviced
§ 5:12-117 Employment without license or registration; penalty
§ 5:12-117.1 Persons prohibited from accepting employment; violation; crime of fourth degree
§ 5:12-118 Regulations requiring exclusion or rejection of certain persons from licensed casinos; unlawful entry by person whose name has been placed on list; penalty
§ 5:12-119 Gaming by certain persons prohibited; penalties; defenses
§ 5:12-120 Prohibited political contributions; penalty
§ 5:12-121 Authority of gaming licensee and agents to detain or question persons; immunity from liability; posted notice required
§ 5:12-122 Other offenses; general penalty
§ 5:12-123 Continuing offenses
§ 5:12-124 Exemption from gambling statutes
§ 5:12-125 Racketeer-influenced and corrupt organizations-definitions
§ 5:12-126 Prohibited activities
§ 5:12-127 Civil remedies
§ 5:12-128 Civil investigative demand
§ 5:12-129 Supplemental sanctions
§ 5:12-129.1 Report of suspicious transaction
§ 5:12-129.2 Failure to file report, sanctions
§ 5:12-129.3 Record of reports
§ 5:12-129.4 Rules, regulations
§ 5:12-129.5 Notification to person involved in transaction prohibited, fourth degree crime
§ 5:12-129.6 Immunity from civil liability
§ 5:12-130 Impositions of sanctions – standards
§ 5:12-130.1 Institution of conservatorship and appointment of conservators
§ 5:12-130.1a Instructions to, supervision of conservator
§ 5:12-130.2 Powers, authorities and duties of conservators
§ 5:12-130.3 Compensation of conservators and others
§ 5:12-130.4 Assumption of outstanding debts
§ 5:12-130.5 Payment of net earnings during the period of the conservatorship
§ 5:12-130.6 Payments following a bulk sale
§ 5:12-130.7 Continuing jurisdiction of commission
§ 5:12-130.8 Discontinuation of a conservatorship
§ 5:12-130.9 Required reports
§ 5:12-130.10 Review of actions of conservator
§ 5:12-130.11 Investigation by the division of gaming enforcement
§ 5:12-131 Declaration of State’s Limited Exemption from Operation of Provisions of 15 U.S.C. (1172)
§ 5:12-132 Legal shipments of gaming devices into New Jersey
§ 5:12-133 Severability and preemption
§ 5:12-134 Equal employment opportunity; requirements for license
§ 5:12-135 Equal employment opportunity; enforcement by the division
§ 5:12-136 Facilities for persons with physical disabilities
§ 5:12-138 Prohibited political contributions
§ 5:12-139 Casino license fees
§ 5:12-140 License fee on slot machines
§ 5:12-141 Fees for other than casino licenses
§ 5:12-141.1 Fees to recoup costs of the division or commission
§ 5:12-141.2 Expiration of gaming-related obligations owed to patrons; date of expiration; payment to casino revenue fund
§ 5:12-143 “Casino control fund.”
§ 5:12-144 Tax on gross revenues
§ 5:12-144.1 Imposition of investment alternative tax
§ 5:12-144.2 Annual deduction from gross revenue relative to promotional gaming credits
§ 5:12-145 “Casino Revenue Fund.”
§ 5:12-145a Use of moneys from Casino Revenue Fund
§ 5:12-145.1 Income from investments; credit to fund
§ 5:12-145.2 Calculation of income
§ 5:12-145.3 “Casino Revenue Fund Advisory Commission.”
§ 5:12-145.4 Duties of commission
§ 5:12-145.5 Organization, election of chairperson, secretary
§ 5:12-145.6 Entitlement to assistance, services, incurring of expenses
§ 5:12-145.7 Annual report
§ 5:12-145.8 Fee of $3.00 imposed daily on occupied hotel rooms in casino hotel facility
§ 5:12-146 In lieu tax
§ 5:12-147 Profits
§ 5:12-148 Payment of taxes
§ 5:12-148.2 Tax of 8% imposed on multi-casino progressive slot machine revenue
§ 5:12-148.3 Tax of 7.5% imposed on certain adjusted net income of casino licensees
§ 5:12-149 Determination of tax liability
§ 5:12-150 Penalties
§ 5:12-151 Forms
§ 5:12-152 Application of State Tax Uniform Procedure Law
§ 5:12-152.1 Casino hotel facility surcharge, rate
§ 5:12-153 Casino Reinvestment Development Authority
§ 5:12-154 Removal of members; oath of office
§ 5:12-155 Officers; quorum
§ 5:12-156 Compensation of public members; reimbursement
§ 5:12-157 Designation of representatives to attend meetings
§ 5:12-158 Interests prohibited
§ 5:12-159 Dissolution of authority; conditions
§ 5:12-160 Purpose of authority
§ 5:12-161 Powers of authority
§ 5:12-161.1 Atlantic City Fund, established in CRDA
§ 5:12-161.2 Moneys payable to the Atlantic City Fund; casino shares
§ 5:12-161.3 Prevailing wage rate for workers employed on projects with Casino Redevelopment Authority involvement
§ 5:12-161.4 Exercise of rights, powers or duties
§ 5:12-161.5 Prevailing wage rules, regulations, adoption by Casino Reinvestment Development Authority
§ 5:12-161.6 Inapplicability of C.5:12-1613 through C.5:12-1615
§ 5:12-162 Bonds
§ 5:12-162.1 Issuance of bond, notes, other obligations
§ 5:12-163 Resolution authorizing bonds; provisions
§ 5:12-164 Pledges of income, revenue or property; validity; effect
§ 5:12-165 Treatment of interest on bonds as provided under Internal Revenue Code of 1954; consent; application of state or federal laws
§ 5:12-166 Liability of members on bonds
§ 5:12-167 Property and bonds of authority; tax exemption
§ 5:12-168 Authority property; exemption from execution or judicial process
§ 5:12-169 Annual report; audit
§ 5:12-170 Authority may use employees of other agencies
§ 5:12-171 Annual budget; approval; line item vetoes; transmittal
§ 5:12-172 Guarantee of obligations; provisions of resolution
§ 5:12-173 Investments; authorization; criteria and priorities
§ 5:12-173.1 Findings, declarations relative to redevelopment in Atlantic City
§ 5:12-173.2 Minimum charge of $3.00 imposed for use of casino parking facility
§ 5:12-173.3 Minimum fee of $3.00 imposed for use of casino parking space
§ 5:12-173.3a Covenant by State with bond holders as to casino parking fee
§ 5:12-173.4 Special fund, use of fees
§ 5:12-173.5 Responsibility for collection of fees
§ 5:12-173.6 Issuance of bonds, notes
§ 5:12-173.7 Covenants by authority; contracts with holders of bonds, notes
§ 5:12-173.8 Moneys set aside for hotel development projects
§ 5:12-173.9 Short title
§ 5:12-173.10 Findings, declaration relative to CRDA urban revitalization program
§ 5:12-173.11 Definitions relative to CRDA urban revitalization incentive programs
§ 5:12-173.12 Urban revitalization incentive program
§ 5:12-173.13 Deposit of sales and use tax revenues
§ 5:12-173.14 Deposit of hotel room use fee revenues
§ 5:12-173.15 Project fund created
§ 5:12-173.16 Room fund created
§ 5:12-173.17 Separate accounts within project, room funds
§ 5:12-173.18 Proposed district project plan
§ 5:12-173.19 Proposal for entertainment-retail project, community and housing development project
§ 5:12-173.20 Authority sponsored project
§ 5:12-173.22 Issuance of bonds by CRDA, establishment of Casino Capital Construction Fund
§ 5:12-173.22a Atlantic City Expansion Fund; creation, use
§ 5:12-174 Waiver of project eligibility determination
§ 5:12-175 Waiver of requirements relating to composition of investment tax credit
§ 5:12-176 Waiver of requirements relating to composition, during first ten years of tax obligation, of investment tax credit; conditions
§ 5:12-177 Donation in lieu of bond purchase or investment
§ 5:12-178 Projects or investments benefiting, improving, or increasing value of casino hotel or related facility; authority investment; prohibition
§ 5:12-179 Determination of investment or donation eligibility prior to adoption of rules and regulations; conditions
§ 5:12-180 Investments or contributions adverse to priorities; prohibition of support or approval by authority
§ 5:12-181 Aid to minority, women’s businesses
§ 5:12-182 Eminent domain or condemnation
§ 5:12-183 Minutes of authority meetings; effective date of actions; veto
§ 5:12-184 Declarations
§ 5:12-185 Definitions
§ 5:12-186 Minority, women’s business contracts
§ 5:12-187 Bus business set aside
§ 5:12-187.1 Penalties for violations
§ 5:12-188 Determining qualifications
§ 5:12-189 List of qualified enterprises
§ 5:12-190 Additional regulations
§ 5:12-191 Short title
§ 5:12-192 Definitions
§ 5:12-193 Casino simulcasting permitted
§ 5:12-194 Establishment of casino simulcasting facility
§ 5:12-195 Applications to conduct casino simulcasting, conditions of approval
§ 5:12-196 Transmission of live races to casinos
§ 5:12-197 Casino wagers included in parimutuel pool
§ 5:12-198 Distribution of undistributed casino wagers
§ 5:12-199 Out-of-State horse races, simulcast; approved casinos, licensed sending tracks
§ 5:12-200 Receipt from out-of-State of simulcast horse races during permitted hours of operation
§ 5:12-201 Payment to out-of-State sending track
§ 5:12-202 Combining of parimutuel pools, formation of interstate common pool
§ 5:12-203 Wagers subject to takeout rate
§ 5:12-204 Procedure for revision of formula
§ 5:12-205 “Casino Simulcasting Special Fund” established
§ 5:12-206 Payment to Atlantic City Racetrack
§ 5:12-207 Depositing of State revenue
§ 5:12-208 “Casino Simulcasting Fund” established
§ 5:12-209 Distribution of interest from funds generated by simulcasting
§ 5:12-210 Rules, regulations
§ 5:12-211 Continuance of casino, simulcast operations during certain states of emergency; violations, fines
§ 5:12-212 Division approval of internal controls prior to state of emergency
§ 5:12-213 Prohibitions relative to operation during state of emergency
§ 5:12-214 Restriction of transfer of property
§ 5:12-215 Calculation of certain time periods
§ 5:12-216 Adoption of regulations
§ 5:12-217 Effective date
§ 5:12-218 Definitions relative to the Atlantic City Tourism District
§ 5:12-219 Atlantic City Tourism District
§ 5:12-219.1 “Jim Whelan Boardwalk Hall.”
§ 5:12-219.2 Provision of funds for signage
§ 5:12-220 Development and design guidelines, land use regulations
§ 5:12-222 Development of public safety plan
§ 5:12-224 Transfer of Atlantic City International Airport; distribution of revenues, proceeds
§ 5:12-226 Atlantic City Convention and Visitors Authority, transfer to CRDA
§ 5:12-227 Status of project after transfer
§ 5:12-228 Actions permitted prior to Transfer Date
§ 5:12-229 Provisions of existing laws unaffected
§ 5:12-230 Powers assumed by authority upon establishment of tourism district
§ 5:12-231 Law subject to provisions of C.52:14D-1 et seq; exceptions
§ 5:12-232 Obligations to bondholders unaffected
§ 5:12-233 Entry into partnerships by authority

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Terms Used In New Jersey Statutes > Title 5 > Chapter 12 - Casino Control Act

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • 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.
  • 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.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • 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
  • 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.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • certified mail: include private express carrier service, provided that the private express carrier service provides confirmation of mailing. See New Jersey Statutes 1:1-2
  • collector: when used in relation to the collection of taxes or water rents or other public assessments, includes all officers charged with the duty of collecting such taxes, water rents or assessments, unless a particular officer is specified. See New Jersey Statutes 1:1-2
  • Committee substitute: Short for committee amendment in the nature of a substitute.
  • 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.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • 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
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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.
  • Ex officio: Literally, by virtue of one's office.
  • Executor: A male person named in a will to carry out the decedent
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • 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.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • 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
  • 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.
  • 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 tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
  • Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • 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.
  • Oath: A promise to tell the truth.
  • oath: includes "affirmation. See New Jersey Statutes 1:1-2
  • 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.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • 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.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Personal property: includes goods and chattels, rights and credits, moneys and effects, evidences of debt, choses in action and all written instruments by which any right to, interest in, or lien or encumbrance upon, property or any debt or financial obligation is created, acknowledged, evidenced, transferred, discharged or defeated, in whole or in part, and everything except real property as herein defined which may be the subject of ownership. See New Jersey Statutes 1:1-2
  • Personal property: All property that is not real property.
  • 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.
  • population: when used in any statute, shall be taken to mean the population as shown by the latest Federal census effective within this State, and shall be construed as synonymous with "inhabitants. See New Jersey Statutes 1:1-2
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Quorum: The number of legislators that must be present to do business.
  • real property: include lands, tenements and hereditaments and all rights thereto and interests therein. See New Jersey Statutes 1:1-2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • 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.
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) Source: OCC
  • 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.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Subpoena duces tecum: A command to a witness to produce documents.
  • sworn: includes "affirmed. See New Jersey Statutes 1:1-2
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • 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.
  • 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.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • Usury rates: The maximum rate of interest lenders may charge borrowers. The usury rate is generally set by state law. Source: OCC
  • Venue: The geographical location in which a case is tried.
  • Veto: The procedure established under the Constitution by which the President/Governor refuses to approve a bill or joint resolution and thus prevents its enactment into law. A regular veto occurs when the President/Governor returns the legislation to the house in which it originated. The President/Governor usually returns a vetoed bill with a message indicating his reasons for rejecting the measure. In Congress, the veto can be overridden only by a two-thirds vote in both the Senate and the House.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.