Terms Used In Vermont Statutes > Title 26 > Chapter 69 > Subchapter 1 - General Provisions

• Act: means the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Pub. See
• Appraisal: A determination of property value.
• Appraisal: means an analysis, opinion, or conclusion relating to the value of specified interests in or aspects of identified real estate or identified real property. See
• AQB: means the Appraisal Qualifications Board of the Appraisal Foundation as referenced in the Act. See
• ASC: means the Appraisal Subcommittee of the Federal Financial Institutions Examination Council created pursuant to the Act. See
• Break-open ticket: means a lottery utilizing a card or ticket of the so-called pickle card, jar ticket, or break-open variety commonly bearing the name "Lucky 7" "Nevada Club" "Victory Bar" "Texas Poker" "Triple Bingo" or any other name. See
• Commissioner: means the Commissioner of Liquor and Lottery. See
• Director: means the Director of the Office of Professional Regulation. See
• Distributor: means a person that purchases break-open tickets from a manufacturer and sells or distributes break-open tickets at wholesale in Vermont. See
• Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
• following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
• Manufacturer: means a person that designs, assembles, fabricates, produces, constructs, or otherwise prepares a break-open ticket for sale to a distributor. See
• Nonprofit organization: means a nonprofit corporation that is qualified for tax exempt status under I. See
• Office: means the Office of Professional Regulation. See
• Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
• real estate: shall include lands, tenements, and hereditaments and all rights thereto and interests therein, and pews or slips in places of public worship shall be treated as real estate. See
• real estate appraiser: means a person licensed under this chapter. See
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See