Indiana Code > Title 14 > Article 20 > Chapter 15 – Lewis and Clark Bicentennial Commission
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Terms Used In Indiana Code > Title 14 > Article 20 > Chapter 15 - Lewis and Clark Bicentennial Commission
- Bequest: Property gifted by will.
- commission: refers to the Lewis and Clark expedition commission established by section 3 of this chapter. See Indiana Code 14-20-15-2
- 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.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
- Property: includes personal and real property. See Indiana Code 1-1-4-5