Vermont Statutes > Title 32 > Chapter 1 – General Provisions
Current as of: 2023 | Check for updates
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| Sections | ||
|---|---|---|
| § 1 | Fiscal year and biennial period | |
| § 2 | F.H.A. securities as collateral | |
| § 3 | Change in fiscal quarters authorized | |
| § 5 | Acceptance of grants | |
| § 6 | Indirect costs |
Terms Used In Vermont Statutes > Title 32 > Chapter 1 - General Provisions
- Act: means the Federal Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Pub. See
- AQB: means the Appraisal Qualifications Board of the Appraisal Foundation as referenced in the Act. See
- Director: means the Director of the Office of Professional Regulation. See
- 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.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- 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 appraiser: means a person licensed under this chapter. See
- 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.
- 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
- Statute: A law passed by a legislature.