New York Laws > General Construction > Article 3 – Ancient Statutes and Resolutions
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Terms Used In New York Laws > General Construction > Article 3 - Ancient Statutes and Resolutions
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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.
- Statute: A law passed by a legislature.