Terms Used In Kentucky Statutes > Chapter 14A > Subchapter 7 - Administrative Dissolution

• Above-the-line production crew: means employees involved with the production of a motion picture or entertainment production whose salaries are negotiated prior to commencement of production, such as actors, directors, producers, and writers. See Kentucky Statutes 154.61-010
• Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
• Animated production: means a nationally distributed feature-length film created with the rapid display of a sequence of images using 2-D or 3-D graphics of artwork or model positions in order to create an illusion of movement. See Kentucky Statutes 154.61-010
• 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.
• Approved company: means an eligible company approved for incentives provided under KRS §. See Kentucky Statutes 154.61-010
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Authority: means the Kentucky Economic Development Finance Authority. See Kentucky Statutes 154.60-010
• Authority: means the Kentucky Economic Development Finance Authority, consisting of a committee as set forth in KRS §. See Kentucky Statutes 154.1-010
• Base employment: means :
  (a) For the first application for which credits are approved, the number of full- time employees employed on the day prior to the work start date of the new employee filling the earliest eligible position identified on the application. See Kentucky Statutes 154.60-010
• Below-the-line production crew: includes but is not limited to:
  (a) Casting assistants. See Kentucky Statutes 154.61-010
• Business: includes every trade, occupation, and profession. See Kentucky Statutes 14A.1-070
• Cabinet: means the Cabinet for Economic Development. See Kentucky Statutes 154.61-010
• Cabinet: means the Cabinet for Economic Development as established under KRS
  12. See Kentucky Statutes 154.1-010
• Commonwealth: means the Commonwealth of Kentucky. See Kentucky Statutes 154.61-010
• Commonwealth: means the Commonwealth of Kentucky. See Kentucky Statutes 154.1-010
• Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
• Compensation: means compensation included in adjusted gross income as defined in KRS §. See Kentucky Statutes 154.61-010
• Continuous film production: means a motion picture or entertainment production that:
  (a) 1. See Kentucky Statutes 154.61-010
• Contract: A legal written agreement that becomes binding when signed.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
• Documentary: means a production based upon factual information and not subjective interjections. See Kentucky Statutes 154.61-010
• Eligible company: means any person that intends to film or produce a motion picture or entertainment production in the Commonwealth. See Kentucky Statutes 154.61-010
• Eligible position: means each position that:
  (a) Is filled by a full-time employee and that increases the total employment of the small business above its base employment. See Kentucky Statutes 154.60-010
• Entity: means a corporation, business or statutory trust, partnership, limited partnership, limited liability company, limited cooperative association, or unincorporated nonprofit association, governed as to its internal affairs by the laws of the Commonwealth of Kentucky. See Kentucky Statutes 14A.1-070
• Feature-length film: means a live-action or animated production that is:
  (a) More than thirty (30) minutes in length. See Kentucky Statutes 154.61-010
• Federal: refers to the United States. See Kentucky Statutes 446.010
• 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.
• Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
• Full-time employee: means a person employed by a small business for at least an average of thirty-five (35) hours per week and subject to the state tax imposed by KRS §. See Kentucky Statutes 154.60-010
• Industrial film: means a business-to-business film that may be viewed by the public, including but not limited to videos used for training or for viewing at a trade show. See Kentucky Statutes 154.61-010
• Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
• 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}
• livestock: means cattle, sheep, swine, goats, horses, alpacas, llamas, buffaloes, and any other animals of the bovine, ovine, porcine, caprine, equine, or camelid species. See Kentucky Statutes 154.1-010
• Loan-out entity: means a corporation, partnership, limited liability company, or other entity through which an artist or other person is loaned out to perform services for the approved company. See Kentucky Statutes 154.61-010
• Month: means calendar month. See Kentucky Statutes 446.010
• Motion picture or entertainment production: means :
  1. See Kentucky Statutes 154.61-010
• Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
• 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.
• Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
• Person: means an individual, partnership, joint venture, military facility operated by a department or agency of the United States, profit or nonprofit corporation including a public or private college or university, limited liability company, or other entity or association of persons organized for agricultural, commercial, health care, or industrial purposes. See Kentucky Statutes 154.1-010
• Personal property: All property that is not real property.
• Qualifying equipment or technology: means equipment or technology that has been approved by the Office of Entrepreneurship and Innovation. See Kentucky Statutes 154.60-010
• Qualifying expenditure: means expenditures made in the Commonwealth for the following if directly used in or for a motion picture or entertainment production:
  1. See Kentucky Statutes 154.61-010
• real estate: includes lands, tenements, and hereditaments and all rights thereto and interest therein, other than a chattel interest. See Kentucky Statutes 446.010
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Registered agent: means a registered agent appointed in accordance with KRS
  14A. See Kentucky Statutes 14A.1-070
• Registered office: means the registered office identified in accordance with and
  satisfying the requirements of KRS §. See Kentucky Statutes 14A.1-070
• Secretary: means the secretary of the Cabinet for Economic Development. See Kentucky Statutes 154.61-010
• State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
• State: means the Commonwealth of Kentucky. See Kentucky Statutes 154.1-010
• Statute: A law passed by a legislature.
• Tax incentive agreement: means the agreement entered into pursuant to KRS
  154. See Kentucky Statutes 154.61-010
• Trustee: A person or institution holding and administering property in trust.
• Year: means calendar year. See Kentucky Statutes 446.010