Rhode Island General Laws > Chapter 11-9.1 – Commercial Transactions
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Terms Used In Rhode Island General Laws > Chapter 11-9.1 - Commercial Transactions
- Conviction: A judgement of guilt against a criminal defendant.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
- 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.
- Original bill: A bill which is drafted by a committee. It is introduced by the committee or subcommittee chairman after the committee votes to report it.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8