Search results for: “municipal law definition”
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Municipal Corporation
The body politic and corporate constituted by the incorporation of the inhabitants of a city or town for the purpose of local government thereof. An instrumentality of the state for the better administration of the government in matters of local concern. The jurisdiction to create […]
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By-laws
Regulations, ordinances, rules or laws adopted by an municipality .
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General Principles of Law
General principles of law in Law EnforcementMain Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of general principles of law.ResourcesSee AlsoLaw Enforcement Officer Police Work Law Enforcement Agency Further […]
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Taxable Municipal Bond
Taxable Municipal Bond Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Taxable Municipal Bond in a way that is easy for anybody to understand: Taxable DEBT obligation of a state or local government […]
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Municipal Bond
State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income taxes….
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Municipal Notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues….
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Common-law Dedication
The difference between a statutory and a common-law dedication is that one vests the legal title to the ground set apart for public uses in the municipal corporation in trust for the public, while the other leaves the legal title in the owner, charged with the same rights and interests in […]
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Jurisdiction
Legal Definition and Related Resources of Jurisdiction Meaning of Jurisdiction The extent of legal authority and power . A term of large and comprehensive import , it generally denotes the lawful authority of a body to exercise power. The term […]
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Assessment
Legal Definition and Related Resources of Assessment Meaning of Assessment The act or process of fixing or ascertaining the value , measure or proportion or interest of any thing or person . In relation to corporations, the term may refer to […]
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Federal State
Federal state in Law EnforcementMain Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of federal state.ResourcesSee AlsoLaw Enforcement Officer Police Work Law Enforcement Agency Further Reading federal state in A […]
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Bond
Legal Definition and Related Resources of Bond Meaning of Bond A contract under seal to pay a sum of money ; a contract under seal acknowledging a debt, present or future. This is a single bond. A double bond is one where there is a condition […]
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Debt
Legal Definition and Related Resources of Debt Meaning of Debt That which is due from one person to another, whether money , goods or services; that which one person is bound to pay or perform for another. Garsson v American Diesel Engine Corp., […]
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Expropriation
Legal Definition and Related Resources of Expropriation Meaning of Expropriation The compulsory purchase of land or other property of a person by a municipal or other governmental authority usually in return for fair compensation. The right to […]
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Taxpayer
Legal Definition and Related Resources of Taxpayer Meaning of Taxpayer while the term may be defined by statutes such as those regulating sales and use taxes, generally the term denotes a person chargeable with a tax, or who, owning property in the […]