As used in this chapter, unless the context otherwise requires:

(1) “Administrator” means the administrator of veterans affairs of the United States, or the administrator’s successor;

Terms Used In Tennessee Code 34-5-102

  • Administrator: means the administrator of veterans affairs of the United States, or the administrator's successor. See Tennessee Code 34-5-102
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Estate: means income on hand and assets acquired partially or wholly with "income". See Tennessee Code 34-5-102
  • Income: means moneys received from the veterans administration and revenue or profit from any property wholly or partially acquired with those moneys. See Tennessee Code 34-5-102
  • 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.
  • Person: means an individual, a partnership, a corporation or an association. See Tennessee Code 34-5-102
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • Veterans administration: means the veterans administration, its predecessors or successors. See Tennessee Code 34-5-102
  • Ward: means a beneficiary of the veterans administration. See Tennessee Code 34-5-102
(2) “Benefits” means all moneys paid or payable by the United States through the veterans administration;
(3) “Estate” means income on hand and assets acquired partially or wholly with “income”;
(4) “Guardian” means any fiduciary for the person or estate of a ward;
(5) “Income” means moneys received from the veterans administration and revenue or profit from any property wholly or partially acquired with those moneys;
(6) “Person” means an individual, a partnership, a corporation or an association;
(7) “Veterans administration” means the veterans administration, its predecessors or successors; and
(8) “Ward” means a beneficiary of the veterans administration.
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