Terms Used In Delaware Code > Title 29 > Chapter 87A > Subchapter III - Delaware Technical Innovation Program

• Board: means the Board of Managers of the Woods Haven School for Girls. See Delaware Code Title 31 Sec. 5301
• Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Council: means the Council on Development Finance created by § 8707A of this title. See Delaware Code Title 29 Sec. 8702A
• Division: means the Division of Small Business. See Delaware Code Title 29 Sec. 8702A
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• School: means the Woods Haven School for Girls. See Delaware Code Title 31 Sec. 5301
• State: means the State of Delaware. See Delaware Code Title 29 Sec. 8702A