Terms Used In California Codes > Financial Code > Division 5 > Chapter 12 > Article 9 - Enforcement

• Act: means the California Stem Cell Research and Cures Act constituting this chapter, as amended by the California Stem Cell Research, Treatments, and Cures Initiative of 2020. See California Health and Safety Code 125291.95
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
• Committee: means the California Stem Cell Research and Cures Finance Committee created pursuant to subdivision (a) of Section 125291. See California Health and Safety Code 125291.15
• Committee: means the California Stem Cell Research and Cures Finance Committee created pursuant to subdivision (a) of Section 125291. See California Health and Safety Code 125291.95
• County: includes city and county. See California Financial Code 14
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Facilities: means buildings, building leases, or capital equipment. See California Health and Safety Code 125292.10
• Fiduciary: A trustee, executor, or administrator.
• Fund: means the California Stem Cell Research and Cures Fund created pursuant to Section 125291. See California Health and Safety Code 125291.15
• Fund: means the California Stem Cell Research, Treatments, and Cures Fund of 2020 created pursuant to Section 125291. See California Health and Safety Code 125291.95
• Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
• institute: means the California Institute for Regenerative Medicine designated in accordance with subdivision (b) of Section 125291. See California Health and Safety Code 125291.15
• institute: means the California Institute for Regenerative Medicine designated in accordance with subdivision (b) of Section 125291. See California Health and Safety Code 125291.95
• Interim debt: means any interim loans pursuant to Sections 125291. See California Health and Safety Code 125291.95
• 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.
• 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.
• 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
• State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
• Writ: A formal written command, issued from the court, requiring the performance of a specific act.
• Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8