California Codes > Civil Code > Division 3 > Part 1 > Title 3 – TRANSFER OF OBLIGATIONS
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Terms Used In California Codes > Civil Code > Division 3 > Part 1 > Title 3 - TRANSFER OF OBLIGATIONS
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- Plaintiff: The person who files the complaint in a civil lawsuit.
- qualified trust company: means the trust department of any state or national bank in this state or a trust company authorized to act as such in this state. See California Government Code 16625