§ 10.00 Definitions of terms of general use in this chapter

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Terms Used In New York Laws > Penal > Part 1 > Title A > Article 10 - Definitions

  • 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
  • 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.
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • Juror: A person who is on the jury.
  • 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.