Terms Used In California Codes > Government Code > Title 2 > Division 5 > Part 5 > Chapter 1 > Article 3 - The Board of Administration

• Contract: A legal written agreement that becomes binding when signed.
• County: includes city and county. See California Government Code 19
• County: includes city and county. See California Public Utilities Code 18
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Lien: A claim against real or personal property in satisfaction of a debt.
• Person: means any individual, partnership, association, corporation, limited liability company, or any organized group of persons whether incorporated or not. See California Food and Agricultural Code 38
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Registered: as used in this article , means endorsed and signed by the county treasurer. See California Government Code 29871
• State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18