Terms Used In Kentucky Statutes > Chapter 386A > Subchapter 9 - Foreign Statutory Trusts

• Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
• Attorney: means attorney-at-law. See Kentucky Statutes 446.010
• Contract: A legal written agreement that becomes binding when signed.
• 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
• 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.
• 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.
• Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
• Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
• State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
• Trustee: A person or institution holding and administering property in trust.