California Codes > Probate Code > Division 2 > Part 14 > Chapter 6 – Rights of Creditors
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Terms Used In California Codes > Probate Code > Division 2 > Part 14 > Chapter 6 - Rights of Creditors
- board: means the board of directors of the district unless the context clearly indicates otherwise. See California Streets and Highways Code 27002
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- commission: means the California Transportation Commission. See California Streets and Highways Code 22
- County: includes "city and county. See California Streets and Highways Code 14
- district: means a bridge and highway district unless the context clearly indicates otherwise. See California Streets and Highways Code 27001
- Donor: means the person who creates or reserves a power of appointment. See California Probate Code 610
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Instrument: means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property. See California Probate Code 45
- 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.
- Power of appointment: means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. See California Probate Code 610
- Powerholder: means the person to whom a power of appointment is given or in whose favor a power of appointment is reserved. See California Probate Code 610