Florida Statutes > Chapter 605 – Florida Revised Limited Liability Company Act

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Terms Used In Florida Statutes > Chapter 605 - Florida Revised Limited Liability Company Act

• Acquired entity : means the entity that has all of one or more of its classes or series of interests acquired in an interest exchange. See Florida Statutes 605.0102
• Acquiring entity : means the entity that acquires all of one or more classes or series of interests of the acquired entity in an interest exchange. See Florida Statutes 605.0102
• 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.
• Affiliate : means a person that, directly or indirectly, owns at least 10 percent but less than 25 percent of the financial guaranty insurance corporation or that is at least 10 percent but less than 25 percent, directly or indirectly, owned by a financial guaranty insurance corporation. See Florida Statutes 627.971
• 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.
• Annuity : A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
• Answer : The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
• Appeal : A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• 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
• Articles of conversion : means the articles of conversion required under…. See Florida Statutes 605.0102
• Articles of domestication : means the articles of domestication required under…. See Florida Statutes 605.0102
• Articles of interest exchange : means the articles of interest exchange required under…. See Florida Statutes 605.0102
• Articles of merger : means the articles of merger required under…. See Florida Statutes 605.0102
• Articles of organization : means the articles of organization required under…. See Florida Statutes 605.0102
• Assets : (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Attachment : A procedure by which a person's property is seized to pay judgments levied by the court.
• Attorney-in-fact : A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
• Authorized representative : means :

(b) The market value of investment grade securities, other than securities evidencing an interest in the projects financed with the proceeds of the insured obligations;

(c) The scheduled cash flow from investment grade obligations scheduled to be received on or prior to the date of scheduled debt service on the insured obligation;