New York Laws > Racing, Pari-Mutuel Wagering and Breeding Law > Article 7 – Equine Research
Current as of: 2024 | Check for updates
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Other versions
| § 701 | Research fund created |
| § 702 | Committee |
| § 703 | Finances of fund |
| § 704 | Research proposals |
| § 705 | Research grants |
Terms Used In New York Laws > Racing, Pari-Mutuel Wagering and Breeding Law > Article 7 - Equine Research
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.