Terms Used In California Codes > Education Code > Title 1 > Division 1 > Part 11 > Chapter 3 > Article 3 - Establishment

• Amortization: Paying off a loan by regular installments.
• Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
• Contract: A legal written agreement that becomes binding when signed.
• Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
• Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. ^{Source: OCC}
• library trustees: as used in this chapter mean the regularly elected union high school trustees who reside within the library district. See California Education Code 18300
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgage loan: A loan made by a lender to a borrower for the financing of real property. ^{Source: OCC}
• Person: includes a corporation as well as a natural person. See California Code of Civil Procedure 17
• Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
• Property: includes both personal and real property. See California Code of Civil Procedure 17
• Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
• State: includes the District of Columbia and the territories when applied to the different parts of the United States, and the words "United States" may include the district and territories. See California Code of Civil Procedure 17
• Trustee: A person or institution holding and administering property in trust.
• union high school: shall be deemed to mean unified school district. See California Education Code 18311
• Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8