§ 160A-630 Title
§ 160A-631 Definitions
§ 160A-632 Definition of territorial jurisdiction of Authority
§ 160A-633 Creation of Authority
§ 160A-634 Territorial jurisdiction and service area of the Authority
§ 160A-635 Membership; officers; compensation
§ 160A-636 Voting; action by the Board of Trustees
§ 160A-637 Advisory committees
§ 160A-638 Purpose of the Authority
§ 160A-639 General powers of the Authority
§ 160A-639.1 Duties of the chief administrative officer; appointment of clerk
§ 160A-640 Authority of Utilities Commission not affected
§ 160A-641 Fiscal accountability
§ 160A-642 Funds
§ 160A-643 Competition
§ 160A-644 Effect on existing franchises and operations
§ 160A-645 Termination
§ 160A-646 Controlling provisions
§ 160A-647 Bonds and notes authorized
§ 160A-648 Equipment trust certificates
§ 160A-649 Power of eminent domain
§ 160A-650 Tax exemption
§ 160A-651 Removal and relocation of utility structures

Terms Used In North Carolina General Statutes > Chapter 160A > Article 27 - Regional Transportation Authority

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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.
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Quorum: The number of legislators that must be present to do business.