Terms Used In Idaho Code > Title 18 > Chapter 27
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Conversion: is a s defined in section 30-22-102(a)(4), Idaho Code. See Idaho Code 30-29-901
- Converted entity: is a s defined in section 30-22-102(a)(5), Idaho Code. See Idaho Code 30-29-901
- 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.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Domesticated corporation: means a domesticated entity that is a corporation. See Idaho Code 30-29-901
- Domesticated entity: is a s defined in section 30-22-102(a)(7), Idaho Code. See Idaho Code 30-29-901
- Domesticating corporation: means a domesticating entity that is a corporation. See Idaho Code 30-29-901
- Domesticating entity: is a s defined in section 30-22-102(a)(8), Idaho Code. See Idaho Code 30-29-901
- Domestication: is a s defined in section 30-22-102(a)(9), Idaho Code. See Idaho Code 30-29-901
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Felony: A crime carrying a penalty of more than a year in prison.
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- 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.
- Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
- 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.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114
Quorum: The number of legislators that must be present to do business. State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114 Trustee: A person or institution holding and administering property in trust.