Terms Used In New York Laws > Executive > Article 36-A - New York Motor Vehicle Theft and Insurance Fraud Prevention Program

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Board: means the New York motor vehicle theft and insurance fraud prevention board. See N.Y. Executive Law 846-K
• 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}
• Fee: means the motor vehicle theft and insurance fraud prevention fee established pursuant to § 9110 of the insurance law. See N.Y. Executive Law 846-K
• Fraud: Intentional deception resulting in injury to another.
• Fund: means the motor vehicle theft and insurance fraud prevention fund established pursuant to § 89-d of the state finance law. See N.Y. Executive Law 846-K
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Program: means the New York motor vehicle theft and insurance fraud prevention demonstration program. See N.Y. Executive Law 846-K
• Provider agency: means a locality, governmental agency, or not-for-profit organization of any character that provides one or more motor vehicle theft or insurance fraud prevention or driver safety activities in accordance with a plan approved by the board. See N.Y. Executive Law 846-K
• Quorum: The number of legislators that must be present to do business.
• 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.