Rhode Island General Laws > Chapter 27-8.3 – Peer-To-Peer Car Sharing Program
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Terms Used In Rhode Island General Laws > Chapter 27-8.3 - Peer-To-Peer Car Sharing Program
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute: A law passed by a legislature.