Terms Used In South Carolina Code > Title 46 > Chapter 30 - Tobacco Economy

• Board: means the South Carolina Tobacco Community Development Board. See South Carolina Code 46-30-210
• Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
• 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}
• Master Settlement Agreement: means the settlement agreement and related documents entered into on November 23, 1998, by the State and United States tobacco product manufacturers. See South Carolina Code 46-30-210
• 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.
• 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.
• Tobacco grower: means an individual or entity who, during a base period established by the board, was one or more of the following:
  
  (a) the principal producer of tobacco for use in cigarettes on a farm where tobacco was produced pursuant to a tobacco farm marketing quota or farm acreage allotment established under the Agricultural Adjustment Act of 1938, 7 U. See South Carolina Code 46-30-210
• Trust: means the National Tobacco Grower Settlement Trust. See South Carolina Code 46-30-210