§ 87.48.010 Contracts for indemnity authorized
§ 87.48.020 Approval of contract — Execution — State obligation to enter into land settlement contract with federal government
§ 87.48.030 Assessments — Indemnity fund — Transfer to maintenance fund, when
§ 87.48.040 Estimate of expenses and losses — Payment

Terms Used In Washington Code > Chapter 87.48 - Indemnity to state on land settlement contracts

  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • 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.
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • 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.