California Codes > Education Code > Title 2 > Division 4 > Part 27 > Chapter 8 > Article 3 – Injurious Objects
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Terms Used In California Codes > Education Code > Title 2 > Division 4 > Part 27 > Chapter 8 > Article 3 - Injurious Objects
- academic purpose: means any school sponsored activity or class of instruction scheduled during the schoolday. See California Education Code 49330
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- injurious object: shall mean those objects specified in the following sections:
California Education Code 49330
- 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