Terms Used In Utah Code > Title 22 > Chapter 3 > Part 3 - Unitrust

• Administrator: includes "executor" when the subject matter justifies the use. See Utah Code 68-3-12.5
• 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.
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Appraisal: A determination of property value.
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Assessment team: means a team consisting of:

  (a)	the student's parent;

  (b)	the student's private school classroom teacher;

  (c)	special education personnel from the student's school district; and

  (d)

  if available, special education personnel from the private school at which the student is enrolled. See Utah Code 53F-4-301 Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account. Authorized online course provider: means the entities listed in Subsection 53F-4-504(1). See Utah Code 53F-4-501 Base tax effort rate: means the average of: (a)  the highest combined capital levy rate; and (b)  the average combined capital levy rate for the school districts statewide. See Utah Code 53F-3-102 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 Bequest: Property gifted by will. Certified online course provider: means a provider that the state board approves to offer courses through the Statewide Online Education Program. See Utah Code 53F-4-501 Combined capital levy rate: means a rate that includes the sum of the following property tax levies: (a)  (i)  the debt service levy authorized in Section 11-14-310; and (ii)  the voted capital outlay leeway authorized in Section 53F-8-402; or (b)  (i)  the capital local levy authorized in Section 53F-8-303; and (ii)  the debt service levy authorized in Section 11-14-310. See Utah Code 53F-3-102 Contract: A legal written agreement that becomes binding when signed. Credit: means credit for a high school course, or the equivalent for a middle school course, as determined by the state board. See Utah Code 53F-4-501 Derived net taxable value: means the quotient of: (a)  the total property tax collections from April 1 through the following March 31 for a school district for the calendar year preceding the March 31 date; divided by (b)  the school district's total tax rate for the calendar year preceding the March 31 referenced in Subsection (4)(a). See Utah Code 53F-3-102 Devise: To gift property by will. Eligible private school: means a private school that meets the requirements of Section 53F-4-303. See Utah Code 53F-4-301 Eligible student: means a student: (a)  who intends to take a course for middle school or high school credit; and (b)  (i)  who is enrolled in an LEA in Utah; or (ii)  (A)  who attends a private school or home school; and (B)  whose custodial parent is a resident of Utah. See Utah Code 53F-4-501 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. Fiduciary: A trustee, executor, or administrator. Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006. Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value. Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs. Guardian: includes a person who:Utah Code 68-3-12.5 High school: means grade 9, 10, 11, or 12. See Utah Code 53F-4-501 Highest combined capital levy rate: means the highest combined capital levy rate imposed by a school district within the state for a fiscal year. See Utah Code 53F-3-102 Intellectual disability: means a significant, subaverage general intellectual functioning that:Utah Code 68-3-12.5 LEA: means : (a)  a school district; or (b)  a charter school. See Utah Code 53F-4-301 Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity. Middle school: means grade 7 or 8. See Utah Code 53F-4-501 Minimum School Program: means the state-supported public school programs for kindergarten, elementary, and secondary schools as described in this Subsection (4). See Utah Code 53F-2-102 Online course: means a course of instruction offered by the Statewide Online Education Program through the use of digital technology, regardless of whether the student participates in the course at home, at a school, at another location, or any combination of these. See Utah Code 53F-4-501 Person: means :Utah Code 68-3-12.5 Plan for college and career readiness: means the same as that term is defined in Section 53E-2-304. See Utah Code 53F-4-501 Preschool: means an education program for a student who: (a)  is age three, four, or five; and (b)  has not entered kindergarten. See Utah Code 53F-4-301 Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5 Property: includes both real and personal property. See Utah Code 68-3-12.5 Released-time: means a period of time during the regular school day a student is excused from school at the request of the student's parent pursuant to rules of the state board. See Utah Code 53F-4-501 Scholarship student: means a student who receives a scholarship under this part. See Utah Code 53F-4-301 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5 Statute: A law passed by a legislature. Supplemental appropriation: Budget authority provided in an appropriations act in addition to regular or continuing appropriations already provided. Supplemental appropriations generally are made to cover emergencies, such as disaster relief, or other needs deemed too urgent to be postponed until the enactment of next year's regular appropriations act. Trustee: A person or institution holding and administering property in trust. United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5 Value of the weighted pupil unit: means the amount established each year in statute that is multiplied by the number of weighted pupil units to yield the funding level for the basic state-supported school program. See Utah Code 53F-4-301 Writing: includes :Utah Code 68-3-12.5