North Carolina General Statutes > Chapter 143 > Article 74A – Golden LEAF Foundation
Current as of: 2023 | Check for updates
|
Other versions
§ 143-710 | Golden LEAF foundation |
§ 143-711 | Board of directors |
§ 143-712 | Articles of incorporation; reporting |
§ 143-713 | Use of funds |
Terms Used In North Carolina General Statutes > Chapter 143 > Article 74A - Golden LEAF Foundation
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.
- President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
- 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.