Chapter 1 Bonds and Other Obligations Legalized
Chapter 2 Nonreverting Appropriations
Chapter 3 Facsimile Signatures on Obligations
Chapter 4 Hospital Bonding Authorities
Chapter 5 Refunding Bonds Generally
Chapter 6 Revenue Bond Refinancing
Chapter 7 Redemption Bonds of Counties and Townships
Chapter 8 Judgment Funding Bonds of Counties
Chapter 9 Refunding Bonds of Cities and Towns
Chapter 10 Funding and Refunding Bonds of Townships
Chapter 11 Procedures for Selling Bonds
Chapter 11.5 Additional Requirements for the Issuance of Bonds
Chapter 12 Payment of Bond Premiums
Chapter 13 Disposition of Surplus Bond Proceeds
Chapter 14 Miscellaneous Provisions
Chapter 15 Fully Registered and Book Entry Obligations
Chapter 17 Indiana Stadium and Convention Building Authority
Chapter 17.5 Motorsports Investment District
Chapter 18 Reports Concerning Bonds and Leases of Political Subdivisions

Terms Used In Indiana Code > Title 5 > Article 1

  • abandoned aircraft: means an aircraft:

    Indiana Code 32-33-10.5-1

  • adjacent mineral producer: means a person that:

    Indiana Code 32-23-13-1

  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • ADM: has the meaning set forth in IC 20-18-2-2. See Indiana Code 5-1-11.5-1
  • administrator: means the administrator of the unclaimed property law of another state. See Indiana Code 32-34-1-3
  • admissions fees: means the admissions fees under IC 6-8-14. See Indiana Code 5-1-17.5-2
  • Advance refunding bonds: means bonds issued for the purpose of refunding bonds first subject to redemption or maturing after the date of the advance refunding bonds. See Indiana Code 5-1-5-1
  • 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.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • agent: means a real estate agent or other person acting on behalf of the owner or transferee of real estate or acting as a limited agent. See Indiana Code 32-21-6-1
  • agricultural operation: includes any facility used for the production of crops, livestock, poultry, livestock products, poultry products, or horticultural products or for growing timber. See Indiana Code 32-30-6-1
  • aircraft: means any contrivance used or designed for navigation of or flight in the air. See Indiana Code 32-33-10.5-2
  • Allegation: something that someone says happened.
  • 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.
  • Amortization: Paying off a loan by regular installments.
  • 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.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • apparent owner: means a person whose name appears on the records of a holder as the person entitled to property held, issued, or owing by the holder. See Indiana Code 32-34-1-4
  • 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.
  • applicable offense: refers to any of the following:

    Indiana Code 32-31-9-3

  • applicant: means an individual who applies to a landlord to enter into a lease of a dwelling unit. See Indiana Code 32-31-9-4
  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Arrest: Taking physical custody of a person by lawful authority.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • auctioneer: means an auctioneer licensed under IC 25-6. See Indiana Code 32-29-7-1
  • Authority: means a hospital authority created by IC 5-1-4-4 or any board, body, commission, department, or officer succeeding to the principal functions thereof or to whom the powers conferred upon such authority by this chapter shall be given by law. See Indiana Code 5-1-4-3
  • authority: refers to the Indiana stadium and convention building authority created by this chapter. See Indiana Code 5-1-17-1
  • authority: refers to the Indiana finance authority. See Indiana Code 5-1-17.5-4
  • authority: refers to the Indiana housing and community development authority created by IC 5-20-1-3. See Indiana Code 32-30-10.5-1.2
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • 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
  • Bequest: Property gifted by will.
  • board: refers to the board of directors of an association of co-owners of a condominium. See Indiana Code 32-25-8.5-2
  • board: refers to the board of directors of the authority. See Indiana Code 5-1-17-2
  • board: refers to the board of directors of the commission. See Indiana Code 5-1-17.5-5
  • Bond: means any revenue bond, general obligation bond, or advance refunding bond. See Indiana Code 5-1-5-1
  • bond: as used in this chapter shall mean and include any bond issued by and which is an obligation of the county in its civil capacity; and any so-called county unit road bond which has been issued by the board of commissioners and is an obligation of the taxing district which is coterminous with the county; and any so-called gravel road bond which has been issued by the board of commissioners and is an obligation of the taxing district which is coterminous with any civil township. See Indiana Code 5-1-7-7
  • Bonds: means bonds of the authority issued under this chapter, including refunding bonds, notwithstanding that the same may be secured by the full faith and credit of a participating hospital or any other lawfully pledged security of a participating hospital. See Indiana Code 5-1-4-3
  • bonds: as used in this chapter means any obligations issued by or in the name of any of the political subdivisions or bodies referred to in subsection (a), except obligations payable in the year in which they are issued, obligations issued in anticipation of the collection of delinquent taxes, and obligations issued in anticipation of the collection of frozen bank deposits. See Indiana Code 5-1-11-1
  • bonds: means any bonds, notes, or other evidences of indebtedness, whether payable from property taxes, other taxes, revenues, fees, or any other source. See Indiana Code 5-1-11.5-2
  • bonds: means bonds, notes, commercial paper, or other evidences of indebtedness. See Indiana Code 5-1-17-3
  • bonds: has the meaning set forth in IC 5-1. See Indiana Code 5-1-17.5-6
  • bonds: means any bonds, notes, or other evidences of indebtedness, including guaranteed energy savings contracts and advances from the common school fund, whether payable from property taxes, other taxes, revenues, or any other source. See Indiana Code 5-1-18-1
  • broker company: has the meaning set forth in IC 25-34. See Indiana Code 32-28-12.5-0.5
  • budget agency: means the budget agency established by IC 4-12-1-3. See Indiana Code 5-1-17.5-7
  • budget committee: means the budget committee established by IC 4-12-1-3. See Indiana Code 5-1-17.5-8
  • builder: means a person who constructs new homes for sale, including the construction of new homes on land owned by home buyers. See Indiana Code 32-27-2-6
  • business association: means the following:

    Indiana Code 32-34-1-5

  • buyer: means a transferee in a transaction described in section 1 of this chapter. See Indiana Code 32-21-5-2
  • capital improvement board: refers to a capital improvement board of managers created by IC 36-10-8 or IC 36-10-9. See Indiana Code 5-1-17-4
  • Caucus: From the Algonquian Indian language, a caucus meant "to meet together." An informal organization of members of the legislature that exists to discuss issues of mutual concern and possibly to perform legislative research and policy planning for its members. There are regional, political or ideological, ethnic, and economic-based caucuses.
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • claim: refers to any of the following:

    Indiana Code 32-25-8.5-3

  • claim: refers to any of the following:

    Indiana Code 32-25.5-5-2

  • claimant: refers to a party who has a claim against another party. See Indiana Code 32-25-8.5-4
  • claimant: refers to a party who has a claim against another party. See Indiana Code 32-25.5-5-3
  • claimant: means the surviving spouse or a surviving child, to the extent that statutory allowances are affected, or a person who has filed a timely claim in a deceased transferor's probate estate under IC 29-1-14, and is entitled to enforce the claim against a transferee of a nonprobate transfer. See Indiana Code 32-17-13-2
  • clerk: means any person performing the duties of a clerk of any court, whether designated specifically as the clerk of that court or not. See Indiana Code 32-34-3-1
  • Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
  • Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • closing: means a transfer of an interest described in section 1 of this chapter by a deed, installment sales contract, or lease. See Indiana Code 32-21-5-3
  • coal bed methane: has the meaning set forth in IC 14-8-2-42. See Indiana Code 32-23-7-0.3
  • coal bed methane estate in land: means the aggregate of all rights in land that affect the coal bed methane:

    Indiana Code 32-23-7-0.4

  • coal bed methane production area: means the area of land determined by the operator in which multiple wells are drilled for a common production purpose. See Indiana Code 32-23-7-0.5
  • coal land: means the coal estate in land that contains coal and is subject to a vested interest by a plaintiff, under this chapter, to the coal lying within the land. See Indiana Code 32-23-12-2
  • coal owner: means a person vested with an undivided fractional fee simple interest or other freehold interest in coal contained within the coal land. See Indiana Code 32-23-12-3
  • commercial real estate: means any real estate other than:

    Indiana Code 32-28-12.5-1

  • commission: refers to the Indiana motorsports commission created by this chapter. See Indiana Code 5-1-17.5-9
  • common expenses: means :

    Indiana Code 32-28-14-1

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • common law lien: means a lien against real or personal property that is not:

    Indiana Code 32-28-13-1

  • communications infrastructure: includes all wires, cable, and other similar facilities used to provide communications service. See Indiana Code 32-30-16-2
  • communications service: has the meaning set forth in IC 8-1-32. See Indiana Code 32-30-16-3
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • condemnor: means a person authorized to exercise the power of eminent domain. See Indiana Code 32-24-4.5-2
  • conservation easement: means a nonpossessory interest of a holder in real property that imposes limitations or affirmative obligations with the purpose of:

    Indiana Code 32-23-5-2

  • construction machinery and equipment: includes all classes and types of machinery and equipment used in road construction, road maintenance, earth moving, and building construction work. See Indiana Code 32-33-10-1
  • Contingent beneficiary: Receiver of property or benefits if the first named beneficiary fails to receive any or all of the property or benefits in question before his (her) death.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • contract: means an oral or a written contract. See Indiana Code 32-30-1-2
  • conveyance: means :

    Indiana Code 32-21-3-1

  • Conviction: A judgement of guilt against a criminal defendant.
  • cooperative housing association: means a consumer cooperative that provides dwelling units to its members. See Indiana Code 32-31-3-2
  • 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.
  • costs of secure detention: includes all expenses relating to any of the following items:

    Indiana Code 31-40-1-1.5

  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • creditor: means a person:

    Indiana Code 32-30-10.5-2

  • creditor: means the person who has lawfully repossessed a vehicle. See Indiana Code 32-34-4-1
  • customer: means any individual or entity who contracts with or causes a fabricator to use a die, mold, form, jig, or pattern to manufacture, assemble, or otherwise make a product. See Indiana Code 32-33-16-1
  • customer: means a person who:

    Indiana Code 32-33-20-1

  • customer: means an individual or entity who contracts with or causes a fabricator:

    Indiana Code 32-34-6-2

  • customer: means an individual or entity that causes another individual or entity to make a silk screen or to use a silk screen to manufacture, assemble, or make a product. See Indiana Code 32-34-7-2
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • date of substantial completion: means the earlier of:

    Indiana Code 32-30-1-4

  • debtor: means the person from whom a vehicle is repossessed. See Indiana Code 32-34-4-2
  • 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 state revenue. See Indiana Code 5-1-17.5-10
  • department: refers to the department of local government finance. See Indiana Code 5-1-18-2
  • Dependent: A person dependent for support upon another.
  • derelict aircraft: means any aircraft:

    Indiana Code 32-33-10.5-3

  • Devise: To gift property by will.
  • disclosure form: refers to a disclosure form prepared under section 8 of this chapter or a disclosure form that meets the requirements of section 8 of this chapter. See Indiana Code 32-21-5-5
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Docket: A log containing brief entries of court proceedings.
  • document: means information that is:

    Indiana Code 32-21-2.5-1

  • domicile: means the following:

    Indiana Code 32-34-1-6

  • dwelling unit: means a structure or part of a structure that is used as a home, residence, or sleeping unit. See Indiana Code 32-31-5-3
  • dwelling unit: has the meaning set forth in IC 32-31-5-3. See Indiana Code 32-31-9-5
  • easement in gross of a commercial character: means an easement:

    Indiana Code 32-23-2-1

  • electric easement: means any recorded or unrecorded easement held by an electricity supplier for the siting of electric facilities, regardless of whether the easement is for the exclusive benefit of the electricity supplier or for use in connection with other utility services, regardless of whether the electricity supplier provides the other utility services. See Indiana Code 32-30-16-4
  • electric facilities: means any product, equipment, or technology necessary or useful in the transmission, transformation, or distribution of electricity, including wires, cables, poles, transformers, anchors, guys, grounding systems, insulators, and any other related or ancillary materials. See Indiana Code 32-30-16-5
  • electricity supplier: means :

    Indiana Code 32-30-16-6

  • electronic: means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. See Indiana Code 32-21-2.5-2
  • electronic signature: means an electronic sound, symbol, or process attached to or logically associated with a document and executed or adopted by a person with the intent to sign the document. See Indiana Code 32-21-2.5-4
  • end user: means a person who uses a special tool as part of the person's manufacturing process. See Indiana Code 32-33-20-2
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • 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
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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
  • exempt claim: refers to any of the following claims or actions:

    Indiana Code 32-25-8.5-5

  • exempt claim: refers to any of the following claims or actions:

    Indiana Code 32-25.5-5-4

  • exempt property: means personal property that is any of the following:

    Indiana Code 32-31-4-1

  • fabricator: means any individual or entity, including a tool or die maker, who:

    Indiana Code 32-33-16-2

  • fabricator: means an individual or entity, including a tool or die maker, who:

    Indiana Code 32-34-6-3

  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • farm machinery: means all types of tractors, implements, and machinery used in the operation and maintenance of farms. See Indiana Code 32-33-10-2
  • 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
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • fees or commissions: means compensation owed to a broker company for performing services requiring a license under IC 25-34. See Indiana Code 32-28-12.5-2
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • final maturity date of the series mortgage: means the maturity date of the last to mature of the bonds, notes, or debentures secured by a series mortgage, as the maturity date is shown of record in the original security instrument or in a supplemental indenture subsequently recorded. See Indiana Code 32-29-10-2
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • financial institution: means a depository financial institution that is organized or reorganized under Indiana law, the law of another state, or United States law. See Indiana Code 32-34-1-7
  • fiscal officer: means :

    Indiana Code 32-24-2-1

  • 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.
  • fixed-base operator: means a person that provides on the premises of a public-use airport aeronautical services, including any of the following:

    Indiana Code 32-33-10.5-4

  • Forbearance: A means of handling a delinquent loan. A
  • 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
  • foreclosure prevention agreement: means a written agreement that:

    Indiana Code 32-30-10.5-4

  • forestry operation: includes facilities, activities, and equipment used to plant, raise, manage, harvest, and remove trees on private land. See Indiana Code 32-30-6-1.5
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Governing body: means the council, commission, board of commissioners, board of directors, board of trustees, or other legislative body in which the legislative powers of the issuing body are vested. See Indiana Code 5-1-5-1
  • grantor: has the meaning set forth in IC 32-17-1-1. See Indiana Code 32-21-3-2
  • Grantor: The person who establishes a trust and places property into it.
  • grantor: means every person by whom an estate or interest in land is:

    Indiana Code 32-17-1-1

  • grantor: has the meaning set forth in IC 32-17-1-1. See Indiana Code 32-21-2-1
  • 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.
  • guest: includes a transient guest, permanent guest, tenant, lodger, or boarder. See Indiana Code 32-33-7-1
  • Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
  • holder: means any of the following:

    Indiana Code 32-23-5-3

  • holder: means a person obligated to deliver or pay to the owner property that is subject to this chapter. See Indiana Code 32-34-1-8
  • home: means an attached or detached single family dwelling. See Indiana Code 32-27-1-3
  • home buyer: means a purchaser of a new home. See Indiana Code 32-27-2-5
  • home improvement: means any alteration, repair, or other modification of an existing home. See Indiana Code 32-27-1-4
  • home improvement contract: means a written agreement between a remodeler and an owner to make a home improvement. See Indiana Code 32-27-1-5
  • homeowners association: means all the owners of real estate in a subdivision acting as an entity in accordance with any:

    Indiana Code 32-28-14-2

  • homeowners association: means a corporation or another entity that:

    Indiana Code 32-21-2-1.2

  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • indecent nuisance: means a:

    Indiana Code 32-30-7-1

  • industrial operation: includes any facility used for the:

    Indiana Code 32-30-6-2

  • industrialized residential structure: means a structure that is:

    Indiana Code 32-21-12-1

  • initial home buyer: means a person who executes a contract with a builder to buy a new home and who:

    Indiana Code 32-27-2-2

  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • insurance company: means an association, a corporation, or a fraternal or mutual benefit organization, whether or not for profit, that is engaged in the business of providing insurance, including the following:

    Indiana Code 32-34-1-9

  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Inter vivos: Transfer of property from one living person to another living person.
  • interest bearing property: means one (1) of the following:

    Indiana Code 32-34-1-9.1

  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Intestate: Dying without leaving a will.
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • issuer: means any issuer of obligations that is referred to in IC 5-1-1-1(b). See Indiana Code 5-1-14-1.2
  • Issuing body: means the state of Indiana, its agencies, commissions, universities, colleges, institutions, political subdivisions, counties, school corporations, hospital associations, municipal and quasi-municipal corporations, special taxing districts, and any corporation which has issued bonds payable directly or indirectly from lease rentals payable by any of the foregoing issuing bodies now or hereafter existing under the laws of the state. See Indiana Code 5-1-5-1
  • joint owner: means a person who is a joint tenant, a tenant in common, a tenant by the entirety, or other person who is a coal owner of less than one hundred percent (100%) of an undivided interest in all the coal within the coal land that is sought to be developed. See Indiana Code 32-23-12-4
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • 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.
  • juvenile: as used in this article means any person who is a minor under the law of the state of residence of the parent, guardian, person or agency entitled to the legal custody of such minor. See Indiana Code 31-37-23-1
  • landlord: means :

    Indiana Code 32-31-3-3

  • lawful fence: means any structure typically used by husbandmen for the enclosure of property. See Indiana Code 32-26-2-1
  • lease: means a lease of real property that is entered into by a political subdivision for a term of at least twelve (12) months, whether payable from property taxes, other taxes, revenues, or any other source. See Indiana Code 5-1-18-3
  • 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
  • legal proceedings: refers to either of the following:

    Indiana Code 32-25-8.5-6

  • legal proceedings: refers to either of the following:

    Indiana Code 32-25.5-5-5

  • lender: means a person whose name appears on the records of a museum as the person legally entitled to, or claiming to be legally entitled to, property held by the museum. See Indiana Code 32-34-5-1
  • 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.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • limited agent: means an agent who, with the written and informed consent of all parties to a real estate transaction, is engaged by both the seller and buyer or both the landlord and tenant. See Indiana Code 32-21-6-2
  • Lineal descendant: Direct descendant of the same ancestors.
  • load bearing parts of the home: means the following:

    Indiana Code 32-27-1-6

  • loan: means a deposit of property not accompanied by a transfer of title to the property. See Indiana Code 32-34-5-3
  • Local issuing body: means an issuing body that is:

    Indiana Code 5-1-5-1

  • locality: means the following:

    Indiana Code 32-30-6-3

  • loss mitigation package: means a set of documents, the components of which:

    Indiana Code 32-30-10.5-4.7

  • managing broker: has the meaning set forth in IC 25-34. See Indiana Code 32-28-12.5-3
  • Mentally incompetent: means of unsound mind. See Indiana Code 1-1-4-5
  • mineral: means any of the following:

    Indiana Code 32-34-1-11

  • mineral interest: means the interest that is created by an instrument that transfers, by:

    Indiana Code 32-23-10-1

  • mineral interest of an unknown or missing owner: means :

    Indiana Code 32-23-13-2

  • mineral proceeds: means proceeds currently payable and unclaimed and, upon the abandonment of those proceeds, all proceeds that would have become payable, including the following:

    Indiana Code 32-34-1-12

  • minor: means a person less than eighteen (18) years of age. See Indiana Code 1-1-4-5
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • money order: includes an express money order and a personal money order on which the remitter is the purchaser. See Indiana Code 32-34-1-13
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • mortgage: means a mortgage or mortgage lien on an interest in real property in Indiana given to secure a loan in the original principal amount of not more than one million dollars ($1,000,000). See Indiana Code 32-29-6-1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: means :

    Indiana Code 32-30-10.5-5

  • mortgage foreclosure counselor: means a foreclosure prevention counselor who is part of, or has been trained or certified by, the Indiana Foreclosure Prevention Network. See Indiana Code 32-30-10.5-6
  • mortgage servicer: means the last person to whom a mortgagor or the mortgagor's successor in interest has been instructed by a mortgagee to send payments on a loan secured by a mortgage. See Indiana Code 32-29-6-3
  • mortgagee: means :

    Indiana Code 32-29-6-2

  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • mortgagor: means the grantor of a mortgage. See Indiana Code 32-29-6-4
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • motor vehicle: means every vehicle and device in, upon, or by which persons or property is, or may be, moved, transported, or drawn upon public highways. See Indiana Code 32-33-10-3
  • motorsports investment district: means the geographic area established as a motorsports investment district under this chapter. See Indiana Code 5-1-17.5-11
  • municipality: means a city or town. See Indiana Code 32-24-2-2
  • museum: means an institution located in Indiana that:

    Indiana Code 32-34-5-4

  • 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 Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • new home: means a new dwelling occupied for the first time after construction. See Indiana Code 32-27-2-4
  • nonprobate transfer: means a valid transfer, effective at death, by a transferor:

    Indiana Code 32-17-13-1

  • nonprobate transferee: means a person who acquires an interest in property by a nonprobate transfer. See Indiana Code 32-17-13-2
  • nuisance: means :

    Indiana Code 32-30-8-1

  • Oath: includes "affirmation" and "to swear" includes to "affirm". See Indiana Code 1-1-4-5
  • 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.
  • obligations: has the meaning set forth in IC 5-1-3-1(b). See Indiana Code 5-1-14-1.5
  • oil and gas: means petroleum and mineral oils and gaseous substances of whatever character naturally lying or found beneath the surface of land. See Indiana Code 32-23-7-1
  • oil and gas estate in land: means the aggregate of all rights in land that affect the oil and gas in, on, under, or that may be taken from beneath the surface of the land. See Indiana Code 32-23-7-2
  • Ordinance: means an ordinance of a city or town or resolution or other instrument by which the governing body of the issuing body exercising any power under this chapter takes formal action and adopts legislative provisions and matters of some permanency. See Indiana Code 5-1-5-1
  • original security instrument: means the original instrument or indenture executed to evidence a series mortgage. See Indiana Code 32-29-10-3
  • owner: means the owner of residential real estate that is for sale, exchange, lease with an option to buy, or sale under an installment contract. See Indiana Code 32-21-5-6
  • owner: means a person who:

    Indiana Code 32-27-1-8

  • owner: means one (1) or more persons in whom is vested all or part of the legal title to property. See Indiana Code 32-31-3-4
  • owner: means :

    Indiana Code 32-34-1-14

  • parcel of real property: means real property that:

    Indiana Code 32-24-4.5-3

  • Participating hospital: means a:

    Indiana Code 5-1-4-3

  • 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.
  • party: refers to any of the following:

    Indiana Code 32-25-8.5-7

  • party: refers to any of the following:

    Indiana Code 32-25.5-5-6

  • passive solar energy system: means a structure specifically designed to retain heat that is derived from solar energy. See Indiana Code 32-23-4-1
  • payoff statement: means a statement of the amount of:

    Indiana Code 32-29-6-5

  • Per stirpes: The legal means by which the children of a decedent, upon the death of an ancestor at a level above that of the decedent, receive by right of representation the share of the ancestor
  • permanent loan: means a loan of property to a museum for an indefinite period. See Indiana Code 32-34-5-5
  • perpetrator: means an individual who:

    Indiana Code 32-31-9-6

  • person: means an individual, a corporation, a business trust, an estate, a trust, a partnership, a limited liability company, an association, a joint venture, a public corporation, a government or a governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See Indiana Code 32-21-2.5-5
  • person: includes a person who may be married; and

    Indiana Code 32-21-10-1

  • person: means an individual, a corporation, a limited liability company, a business trust, an estate, a trust, a partnership, an association, a cooperative, or other legal entity. See Indiana Code 32-27-1-9
  • person: means an individual, a corporation, or any other legal entity. See Indiana Code 32-29-6-6
  • person: means an individual, a partnership, an association, a limited liability company, a corporation, a business trust, a joint stock company, or an unincorporated organization. See Indiana Code 32-30-1-1
  • person: has the meaning set forth in IC 36-1-2-12. See Indiana Code 5-1-17.5-12
  • person: has the meaning set forth in IC 35-31. See Indiana Code 32-30-7-2
  • person: means an individual, a corporation, an association, a partnership, a governmental entity, a trust, an estate, or any other legal or commercial entity. See Indiana Code 32-31-3-5
  • person: includes a natural person, a firm, a copartnership, an association, a limited liability company, a corporation, and a political subdivision. See Indiana Code 32-33-10-4
  • person: includes a natural person, a firm, a partnership, an association, a corporation, a limited liability company, and a political subdivision. See Indiana Code 32-33-10.5-5
  • person: means an individual, a corporation, a business trust, an estate, a trust, a partnership, an association, a joint venture, a government, a governmental subdivision, agency, or instrumentality, a public corporation, a joint or common owner, or any other legal or commercial entity. See Indiana Code 32-34-1-15
  • person: means an individual, a nonprofit corporation, a trustee or legal representative, the state, a political subdivision (as defined in IC 36-1-2-13), an agency of the state or a political subdivision, or a group of those persons acting in concert. See Indiana Code 32-34-5-6
  • person in interest: means :

    Indiana Code 32-23-7-4

  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • persons: includes persons who may be married to each other. See Indiana Code 32-21-10-1
  • place: includes any part of a building or structure or the ground. See Indiana Code 32-30-7-3
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 5-1-17.5-13
  • political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 5-1-18-5
  • political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 32-30-10.3-2
  • Population: has the meaning set forth in IC 1-1-3. See Indiana Code 1-1-4-5
  • 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
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • prior property law: refers to the statutes that are repealed or amended in the recodification act of the 2002 regular session of the general assembly as the statutes existed before the effective date of the applicable or corresponding provision of the recodification act of the 2002 regular session of the general assembly. See Indiana Code 32-16-1-1
  • private person: means a person other than a public agency. See Indiana Code 32-24-4.5-4
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Probate: Proving a will
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Probation officers: Screen applicants for pretrial release and monitor convicted offenders released under court supervision.
  • Project: means a structure or addition to an existing structure which is suitable for use as a hospital, clinic, laboratory, laundry, nurses' or interns' residence, administration building, research facility, or maintenance, storage, or utility facility, and other structures or facilities related thereto or required or useful for the operation of the project, including the site thereof; parking and other facilities or structures essential or convenient for the orderly operation of such project, or equipment, machinery, and other similar items necessary or convenient for the operation of the project in the manner for which its use is intended, but not such items as fuel, supplies, or other items which customarily result in a current operating charge. See Indiana Code 5-1-4-3
  • property: refers to real property or personal property. See Indiana Code 32-24-2-3
  • property: means a house, a building, a mobile home, or an apartment that is leased for residential or commercial purposes. See Indiana Code 32-30-8-2
  • property: means an interest in intangible personal property, except an unliquidated claim, and all income or increment derived from the interest, including an interest that is referred to as or evidenced by:

    Indiana Code 32-34-1-17

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • property: means a tangible object under a museum's care that has intrinsic historic, artistic, scientific, or cultural value. See Indiana Code 32-34-5-7
  • property owner: means the owner of record of real or personal property. See Indiana Code 32-28-13-2
  • property owner: means a person with a recorded fee simple interest in land upon which an electric easement is located. See Indiana Code 32-30-16-7
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • prosecuting official: refers to public officials who have concurrent jurisdiction to enforce this chapter, including:

    Indiana Code 32-30-7-4

  • protected individual: means a tenant or applicant:

    Indiana Code 32-31-9-7

  • psychologically affected property: includes real estate or a dwelling that is for sale, rent, or lease and to which one (1) or more of the following facts or a reasonable suspicion of facts apply:

    Indiana Code 32-21-6-3

  • public agency: means :

    Indiana Code 32-24-4.5-5

  • Public defender: Represent defendants who can't afford an attorney in criminal matters.
  • public employee: means an individual who is an employee in the executive, judicial, or legislative branch of:

    Indiana Code 32-28-13-1.5

  • public official: means an individual who holds office or formerly held office at any time during the preceding four (4) years in the executive, judicial, or legislative branch of:

    Indiana Code 32-28-13-3

  • public place: means any place to which the public is invited by special or an implied invitation. See Indiana Code 32-30-7-5
  • public use airport operation: includes any facility used as a public use airport for the landing, take off, storage, or repair of aircraft. See Indiana Code 32-30-6-4
  • public utility: has the meaning set forth in IC 8-1-8. See Indiana Code 32-23-11-2
  • qualified motorsports facility: means a facility that:

    Indiana Code 5-1-17.5-14

  • Quorum: The number of legislators that must be present to do business.
  • railroad: refers to a railroad company. See Indiana Code 32-23-11-3
  • real estate: has the meaning set forth in IC 25-34. See Indiana Code 32-28-12.5-4
  • real estate: means a right, a title, or an interest in real property. See Indiana Code 32-28-14-3
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • record: means to record with the county recorder. See Indiana Code 32-29-6-7
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Redevelopment district: refers to the following:

    Indiana Code 5-1-5-1

  • relocation costs: means relocation expenses payable in accordance with the federal Uniform Relocation Assistance Act (42 U. See Indiana Code 32-24-4.5-6
  • 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.
  • Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
  • remodeler: means a person who contracts with an owner to alter, repair, or modify the owner's home. See Indiana Code 32-27-1-10
  • rent: includes all payments made to a landlord under a rental agreement except a security deposit, however denominated. See Indiana Code 32-31-3-6
  • rental agreement: means an agreement together with any modifications, embodying the terms and conditions concerning the use and occupancy of a rental unit. See Indiana Code 32-31-3-7
  • rental premises: includes all of the following:

    Indiana Code 32-31-7-3

  • rental premises: includes all of the following:

    Indiana Code 32-31-8-3

  • rental unit: means :

    Indiana Code 32-31-3-8

  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • residential landlord-tenant statute: refers to any of the following:

    Indiana Code 32-31-2.9-2

  • residential property: means real property that consists of:

    Indiana Code 32-24-4.5-6.2

  • respondent: refers to the party against whom a claimant has a claim. See Indiana Code 32-25-8.5-8
  • respondent: refers to the party against whom a claimant has a claim. See Indiana Code 32-25.5-5-7
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) Source: OCC
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • right-of-way: means a strip or parcel of real property in which a railroad has acquired an interest for use as a part of the railroad's transportation corridor. See Indiana Code 32-23-11-4
  • rules: refers to any of the following:

    Indiana Code 32-21-13-2

  • secure detention facility: includes :

    Indiana Code 31-40-1-1.5

  • security deposit: means a deposit paid by a tenant to the landlord or the landlord's agent to be held for all or a part of the term of the rental agreement to secure performance of any obligation of the tenant under the rental agreement. See Indiana Code 32-31-3-9
  • series mortgage: means any mortgage, indenture of trust, or trust deed executed to create a lien on any property, whether real or personal or both, in Indiana to secure one (1) or more series of bonds, notes, or debentures. See Indiana Code 32-29-10-1
  • Service of process: The service of writs or summonses to the appropriate party.
  • services: includes education, provision of necessary clothing and supplies, medical and dental care, counseling and remediation, or any other services or programs included in a dispositional decree or case plan ordered or approved by the juvenile court for the benefit of a delinquent child under IC 31-37. See Indiana Code 31-40-1-1.5
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
  • silk screen maker: means an individual or entity that makes a silk screen. See Indiana Code 32-34-7-3
  • silk screen user: means an individual or entity that uses a silk screen to manufacture, assemble, or make a product. See Indiana Code 32-34-7-4
  • solar easement: means an easement obtained for the purpose of exposure of a solar energy device or a passive solar energy system to the direct rays of the sun. See Indiana Code 32-23-4-2
  • solar energy device: means an artifice, an instrument, or the equipment designed to receive the direct rays of the sun and convert the rays into heat, electricity, or another form of energy to provide heating, cooling, or electrical power. See Indiana Code 32-23-4-3
  • Sole ownership: The type of property ownership in which one individual holds legal title to the property and has full control of it.
  • Special benefit taxes: means a special tax levied and collected on an ad valorem basis on property for the purpose of financing local public improvements that:

    Indiana Code 5-1-5-1

  • special tool: means tools, dies, jigs, gauges, gauging fixtures, special machinery, cutting tools, injection molds, or metal castings used in the design, development, manufacture, assembly or fabrication of parts. See Indiana Code 32-33-20-3
  • special tool builder: means a person who designs, develops, manufactures, or assembles special tools for sale. See Indiana Code 32-33-20-4
  • state: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Indiana Code 32-21-2.5-6
  • state: means a state of the United States or its instrumentalities, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or insular possession subject to the jurisdiction of the United States. See Indiana Code 32-34-1-18
  • state agency: has the meaning set forth in IC 5-1. See Indiana Code 5-1-17-5
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • storage facility: means any location approved by a court for storage of a tenant's personal property under section 2(e) of this chapter. See Indiana Code 32-31-4-1.5
  • strip mine: means a tract of land on which the surface soil has been removed or is being removed or is proposed to be removed from the coal seam by one (1) group of operating machines or machinery and where mine run coal is being produced in the raw state ready for direct sale to a consumer or for transportation to a cleaning or preparation plant. See Indiana Code 32-28-10-1
  • subdivision: means the division of a parcel of land into lots, parcels, tracts, units, or interests in the manner defined and prescribed by a subdivision control ordinance adopted by a legislative body under IC 36-7-4. See Indiana Code 32-28-14-4
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • supplemental indenture: means an instrument or indenture executed to supplement the original security instrument, defining one (1) or more series of bonds, notes, or debentures secured, or to be secured, by the series mortgage, specifying property subject to the lien of the series mortgage or in another manner supplementing or amending the original security instrument. See Indiana Code 32-29-10-4
  • surface rights: means all rights relating to the occupancy, user, or ownership of the surface of land affected by this chapter. See Indiana Code 32-23-7-5
  • Tax increment revenues: means an allocation of:

    Indiana Code 5-1-5-1

  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Tenancy by the entirety: A type of joint tenancy between husband and wife that is recognized in some States. Neither party can sever the joint tenancy relationship; when a spouse dies, the survivor acquires full title to the property.
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
  • tenant: means a person who leases or resides in a property. See Indiana Code 32-30-8-3
  • tenant: means an individual who occupies a rental unit:

    Indiana Code 32-31-3-10

  • Testator: A male person who leaves a will at death.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • third party right of enforcement: means a right that is:

    Indiana Code 32-23-5-4

  • timber: means trees, whether standing, down, or prepared for sale, sawlogs and all other logs, cross and railroad ties, boards, planks, staves and heading, and other trees cut or prepared for market. See Indiana Code 32-34-9-1
  • title insurance company: means a corporation or other business entity authorized and licensed to transact the business of insuring titles to interests in real property in Indiana under IC 27. See Indiana Code 32-29-6-8
  • tort: means an injury to person or property caused by a means other than a breach of contract. See Indiana Code 32-30-1-3
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • tract: means an area of land that is:

    Indiana Code 32-21-2-2

  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • transfer: means the transfer of an interest in real property located in Indiana by:

    Indiana Code 32-21-14-1

  • transfer fee: means a fee or charge that:

    Indiana Code 32-21-14-2

  • transfer fee covenant: means a declaration or covenant, however denominated and regardless of whether it is recorded, that:

    Indiana Code 32-21-14-3

  • transferee: means a purchaser, tenant, lessee, prospective purchaser, prospective tenant, or prospective lessee of the real estate or dwelling. See Indiana Code 32-21-6-4
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
  • undocumented property: means property in the possession of a museum for which the museum cannot determine the owner by reference to the museum's records. See Indiana Code 32-34-5-8
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • 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
  • unknown or missing owner: means a person:

    Indiana Code 32-23-13-3

  • utility: means :

    Indiana Code 5-1.2-11.5-2

  • utility: means a person that owns or operates for public use any plant, equipment, property, franchise, or license for the transmission of communications or for the production, storage, transmission, sale, delivery, or furnishing of electricity, water, steam, or gas. See Indiana Code 32-34-1-19
  • value: means the amount of money that a reasonable person would estimate a willing buyer would pay for an item of personal property. See Indiana Code 32-34-4-3
  • vehicle: means a motor vehicle or a watercraft. See Indiana Code 32-34-4-4
  • Venue: The geographical location in which a case is tried.
  • Verdict: The decision of a petit jury or a judge.
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
  • veteran: includes "Hoosier veteran" and applies to the construction of all Indiana statutes, unless the construction is expressly excluded by the terms of the statute, is plainly repugnant to the intent of the general assembly or of the context of the statute, or is inconsistent with federal law. See Indiana Code 1-1-4-5
  • Veto: The procedure established under the Constitution by which the President/Governor refuses to approve a bill or joint resolution and thus prevents its enactment into law. A regular veto occurs when the President/Governor returns the legislation to the house in which it originated. The President/Governor usually returns a vetoed bill with a message indicating his reasons for rejecting the measure. In Congress, the veto can be overridden only by a two-thirds vote in both the Senate and the House.
  • warranty date: means the date by which all home improvements and work under the home improvement contract have been substantially completed so the owner can occupy and use the improvement in the manner contemplated by the home improvement contract. See Indiana Code 32-27-1-11
  • warranty date: means the date of the first occupancy of the new home as a residence by one (1) of the following:

    Indiana Code 32-27-2-7

  • works board: means :

    Indiana Code 32-24-2-4

  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5