Terms Used In Vermont Statutes > Title 2 > Chapter 20 - Health Reform Oversight Committee

• 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.
• Agency: means the Agency of Transportation. See
• Air navigation: means the operation of aircraft in the air space over this State, or upon any airport or restricted landing area within this State. See
• Articles of organization: means the articles of organization of a mutual benefit enterprise required by section 302 of this title. See
• Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
• Board of directors: means the board of directors of a mutual benefit enterprise. See
• Bylaws: means the bylaws of a mutual benefit enterprise. See
• Cooperative: means an entity organized under any cooperative law of any jurisdiction. See
• Director: means a director of a mutual benefit enterprise. See
• Docket: A log containing brief entries of court proceedings.
• Entity: means a person other than an individual. See
• 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}
• Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
• Investor member: means a member that has made a contribution to a mutual benefit enterprise and:

• Magistrate: shall mean any Supreme Court Justice, Superior judge, District judge, or Probate judge. See
• Member: means a person that is admitted as a patron member or investor member or both in a mutual benefit enterprise. See
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
• Mutual benefit enterprise: means an enterprise organized under this title. See
• Organic rules: means the articles of organization and bylaws of a mutual benefit enterprise. See
• Patron member: means a member that has made a contribution to a mutual benefit enterprise and:

• Patronage: means business transactions between a mutual benefit enterprise and a person that entitles the person to receive financial rights based on the value or quantity of business done between the enterprise and the person. See
• Person: means an individual; corporation; business trust; cooperative; estate; trust; partnership; limited partnership; limited liability company; mutual benefit enterprise; joint venture; association; public corporation; government or governmental subdivision, agency, or instrumentality; or any other legal or commercial entity. See
• Plaintiff: The person who files the complaint in a civil lawsuit.
• Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
• 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.
• Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
• Secretary: means the Secretary of Transportation. See
• State: means a state of the United States, District of Columbia, Puerto Rico, the U. See
• sworn: shall include affirmed. See
• 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.
• Transfer: includes an assignment, conveyance, deed, bill of sale, lease, mortgage, security interest, encumbrance, gift, and transfer by operation of law. See
• Voting power: means the total current power of members to vote on a particular matter for which a vote may or is to be taken. See