Terms Used In Indiana Code > Title 4 > Article 33 > Chapter 21 - Riverboat Operations Temporarily Conducted by a Trustee

• acquisition of a branch: means the acquisition of a branch or branches located in a host state, without engaging in an interstate merger transaction (as defined in IC 28-2-17-15). See Indiana Code 28-2-18-3
• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Appraisal: A determination of property value.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
• bank: has the meaning set forth in 12 U. See Indiana Code 28-2-17-3
• bank: has the meaning set forth in 12 U. See Indiana Code 28-2-18-4
• bank holding company: has the meaning set forth in 12 U. See Indiana Code 28-2-17-4
• bank holding company: has the meaning set forth in 12 U. See Indiana Code 28-2-18-5
• bank or trust company: means any bank or trust company organized under the provisions of any statute of this state; and

  Indiana Code 28-3-2-9

• bank supervisory agency: means :

  Indiana Code 28-2-17-5

• bank supervisory agency: means any of the following:

  Indiana Code 28-2-18-6

• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• branch: has the meaning set forth in IC 28-2-13-7. See Indiana Code 28-2-17-6
• branch: has the meaning set forth in IC 28-2-13-7. See Indiana Code 28-2-18-7
• company: shall mean and include any corporation to which this chapter is applicable. See Indiana Code 28-5-1-3
• Contract: A legal written agreement that becomes binding when signed.
• control: shall be construed consistently with the provisions of 12 U. See Indiana Code 28-2-17-7
• control: shall be construed consistently with the provisions of 12 U. See Indiana Code 28-2-18-8
• 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.
• court: refers to the circuit court, superior court, or probate court of the county in which the savings bank is located. See Indiana Code 28-6.1-3-2
• de novo branch: means a branch of a bank located in a host state that:

  Indiana Code 28-2-18-10

• Decedent: A deceased person.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• department: refers to the department of financial institutions. See Indiana Code 28-2-17-8
• department: refers to the department of financial institutions. See Indiana Code 28-2-18-9
• department: means the department of financial institutions of the state of Indiana. See Indiana Code 28-5-1-3
• director: refers to the director of the department. See Indiana Code 28-2-17-9
• director: refers to the director of the department. See Indiana Code 28-2-18-11
• 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.
• Executor: A male person named in a will to carry out the decedent
• Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ^{Source: OCC}
• Fiduciary: A trustee, executor, or administrator.
• Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
• Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. ^{Source: OCC}
• 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.
• home state: means the following:

  Indiana Code 28-2-17-10

• home state: means the following:

  Indiana Code 28-2-18-12

• home state regulator: means , with respect to an out-of-state state bank, the bank supervisory agency of the state in which the bank is organized or reorganized. See Indiana Code 28-2-17-11
• home state regulator: means , with respect to an out-of-state state bank, the bank supervisory agency of the state in which such bank is organized or reorganized. See Indiana Code 28-2-18-13
• host state: means a state, other than the home state of a bank, in which the bank:

  Indiana Code 28-2-17-12

• host state: means a state, other than the home state of a bank, in which the bank:

  Indiana Code 28-2-18-14

• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• Indiana bank: means a bank whose home state is Indiana. See Indiana Code 28-2-17-13
• Indiana state bank: means a bank organized or reorganized under the laws of Indiana. See Indiana Code 28-2-17-14
• Indiana state bank: means a bank organized or reorganized under the laws of Indiana. See Indiana Code 28-2-18-15
• interstate merger transaction: means :

  Indiana Code 28-2-17-15

• Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
• 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.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Lien: A claim against real or personal property in satisfaction of a debt.
• Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. ^{Source: OCC}
• national banking association: means any national bank organized under the laws of the United States. See Indiana Code 28-3-2-9
• 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.
• out-of-state bank: means a bank whose home state is a state other than Indiana. See Indiana Code 28-2-17-16
• out-of-state bank: means a bank whose home state is a state other than Indiana. See Indiana Code 28-2-18-16
• out-of-state state bank: means a bank organized or reorganized under the laws of any state other than Indiana. See Indiana Code 28-2-17-17
• out-of-state state bank: means a bank organized or reorganized under the laws of any state other than Indiana. See Indiana Code 28-2-18-17
• 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.
• Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. ^{Source: OCC}
• Probate: Proving a will
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• Quorum: The number of legislators that must be present to do business.
• real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• resulting bank: means a bank that has resulted from an interstate merger transaction under this chapter. See Indiana Code 28-2-17-18
• state: means any of the following:

  Indiana Code 28-2-17-19

• state: means any of the following:

  Indiana Code 28-2-18-18

• Statute: A law passed by a legislature.
• Testator: A male person who leaves a will at death.
• Trustee: A person or institution holding and administering property in trust.
• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
• Usury: Charging an illegally high interest rate on a loan. ^{Source: OCC}
• Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5