Terms Used In South Carolina Code > Title 33 > Chapter 49 > Article 3 - Incorporation; Bylaws and Powers

• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Art merchant: means a person who:
  
  (1) deals in fine prints to which this article is applicable; or
  
  (2) by his occupation holds himself out as having knowledge or skill peculiar to such works; or
  
  (3) to whom such knowledge or skill may be attributed by his employment of an agent or other intermediary who by his occupation holds himself out as having such knowledge or skill; or
  
  (4) is a professional auctioneer who holds himself out as having knowledge or skill peculiar to fine prints to which this article is applicable and who sells these works at public auctions. See South Carolina Code 39-16-10
• Articles of incorporation: includes the articles of conversion of a converted corporation. See South Carolina Code 33-49-20
• Artist: means any person who conceived or created:
  
  (1) the master image for a fine print; or
  
  (2) the master image which served as the model for a fine print. See South Carolina Code 39-16-10
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Broadband network: is a s defined in § 58-9-3010(4). See South Carolina Code 33-49-20
• Commission: means the South Carolina Public Service Commission. See South Carolina Code 33-49-20
• Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
• Contract: A legal written agreement that becomes binding when signed.
• 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.
• Corridor: means the area within 300 feet of an electric supplier's distribution lines as described in Act 432 of 1969. See South Carolina Code 33-49-20
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Fine print: means a printed image on paper or any other suitable substance which has been taken off a plate by printing, stamping, casting, or any other process commonly used in the graphic arts and includes engraving, etching, woodcut, lithograph, or serigraph. See South Carolina Code 39-16-10
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Lien: A claim against real or personal property in satisfaction of a debt.
• Member: means each incorporator of a cooperative and each person admitted to and retaining membership therein and shall include a husband and wife admitted to joint membership. See South Carolina Code 33-49-20
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• 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.
• Person: includes any natural person, firm, association, corporation, business trust, partnership, federal agency, state or political subdivision or agency thereof, or any body politic. See South Carolina Code 33-49-20
• Person: means an individual, auctioneer, corporation, business trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity that does not have the knowledge or skill of an art merchant as described in § 39-16-10(d). See South Carolina Code 39-16-10
• Personal property: All property that is not real property.
• Plate: means a plate, stone, block, or other material used to create a fine print or from which a fine print is taken. See South Carolina Code 39-16-10
• Print: means a fine print. See South Carolina Code 39-16-10
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.