Terms Used In Indiana Code 31-11-3-3

  • 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
   Sec. 3. As used in this chapter, “property” means an interest, present or future, legal or equitable, vested or contingent, in real and personal property, including income and earnings.

[Pre-1997 Recodification Citation: 31-7-2.5-3 part.]

As added by P.L.1-1997, SEC.3.