New York Laws > Penal > Part 1 > Title A > Article 5 – General Rules of Construction and Application
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§ 5.00 | Penal law not strictly construed |
§ 5.05 | Application of chapter to offenses committed before and after enactment |
§ 5.10 | Other limitations on applicability of this chapter |
Terms Used In New York Laws > Penal > Part 1 > Title A > Article 5 - General Rules of Construction and Application
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Conviction: A judgement of guilt against a criminal defendant.
- 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.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- Statute: A law passed by a legislature.