Terms Used In Idaho Code > Title 54 > Chapter 36 - Idaho Grape Growers and Wine Producers Commission

• Account: means the Idaho grape growers and wine producers account in the dedicated fund. See Idaho Code 54-3603
• Commission: means the Idaho grape growers and wine producers commission. See Idaho Code 54-3603
• 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.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Grower: means any person who owns, operates or plants a native vineyard of four (4) or more acres. See Idaho Code 54-3603
• Idaho grape product: means juices, raisins, wines and other grape by-products produced in Idaho and grapes grown in Idaho for the production of juices, raisins, wines and other grape by-products. See Idaho Code 54-3603
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Native vineyard: means acreages planted in vinifera and/or other grapes cultivated primarily for the purpose of vinification. See Idaho Code 54-3603
• 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: means any partnership, association, corporation, cooperative or other business unit or device. See Idaho Code 54-3603
• Producer: means any person who owns, operates or conducts a bonded winery within this state where at least five hundred (500) cases of wine per year are vinified in whole or in part for sale. See Idaho Code 54-3603
• Property: includes both real and personal property. See Idaho Code 73-114
• 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.
• 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
• Winery: means a place, premises and/or establishment within the state of Idaho for the manufacture and/or bottling of wine for sale. See Idaho Code 54-3603