California Codes > Streets and Highways Code > Division 7 > Part 5 > Chapter 5.5 – Alternative Procedure for Division of Land and Bond
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In California Codes > Streets and Highways Code > Division 7 > Part 5 > Chapter 5.5 - Alternative Procedure for Division of Land and Bond
- Appraisal: A determination of property value.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- County: includes "city and county. See California Streets and Highways Code 14
- department: means the State Department of Health Services. See California Welfare and Institutions Code 14062
- 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
- Medi-Cal: means the California Medical Assistance Program. See California Welfare and Institutions Code 14063
- Person: means any person, firm, partnership, association, corporation, organization, limited liability company, or business trust. See California Streets and Highways Code 19