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New York Laws > Economic Development Law > Article 18* – Division of Science, Technology and Innovation

§ 360 Division of science, technology and innovation

Terms Used In New York Laws > Economic Development Law > Article 18* - Division of Science, Technology and Innovation

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • 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.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

New York Laws > Economic Development Law > Article 18 – Economic Transformation and Facility Redevelopment Program

§ 400 Definitions
§ 401 Eligibility criteria
§ 402 Application and approval process
§ 403 Powers and duties of the commissioner
§ 404 Reporting

Terms Used In New York Laws > Economic Development Law > Article 18 - Economic Transformation and Facility Redevelopment Program

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Person: shall mean any individual, public or private corporation, political subdivision, government agency, department or bureau of the state, municipality, industry, co-partnership, association, firm, trust, estate or any other legal entity whatsoever. See N.Y. Environmental Conservation Law 15-1502
  • Personal property: All property that is not real property.
  • Public water supply system: shall mean a permanently installed water withdrawal system including its source, collection, pumping, treatment, transmission, storage and distribution facilities used in connection with such system, which provides piped potable water to the public for potable purposes, if such system has at least five service connections used by year-round residents. See N.Y. Environmental Conservation Law 15-1502
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • withdrawal of water: shall mean the removal or taking of water for any purpose from the waters of the state. See N.Y. Environmental Conservation Law 15-1502