Terms Used In California Codes > Food and Agricultural Code > Division 20 > Chapter 4 > Article 8 - Sale of Certified Rice

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
• Construction: includes :

  California Streets and Highways Code 29

• County: includes "city and county. See California Streets and Highways Code 14
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• maintenance: includes any of the following:

  California Streets and Highways Code 27

• Person: means any individual, partnership, association, corporation, limited liability company, or any organized group of persons whether incorporated or not. See California Food and Agricultural Code 38
• Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. ^{Source: FDIC}
• Secretary: means the Secretary of Food and Agriculture. See California Food and Agricultural Code 35
• state agency: includes every state office, officer, department, division, bureau, board, and commission. See California Government Code 11000