114.60 Definitions.

298 words·~1 min read·/wi/chapter-114/114-60-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

114.60 Definitions. In this subchapter:

(1)“Aerospace facilities” means facilities and infrastructure in this state used primarily to provide aerospace services, including: laboratories and research facilities; office, storage, and manufacturing facilities; instructional and other educational facilities; space museums; and other buildings, equipment, and instruments related to the operations of the aerospace industry or to providing aerospace services.

(2)“Aerospace services” means services that promote, advance, and facilitate space exploration and space-related commercial, technological, and educational development in this state, including: space-related research, experimentation, and development of technology and other intellectual property; space-related business incubator services or services for start-up aerospace companies; programs, projects, operations, and activities to develop, enhance, or provide commercial and noncommercial space-related opportunities for business, industry, education, and government; services or activities that promote the commercialization of the space and aerospace industry and space-related economic growth; services or activities that promote and facilitate space-related educational opportunities and tourism, including educational initiatives and operation or sponsorship of space museums and tourist attractions; consulting services; and administrative services.

(3)“Authority” means the Wisconsin Aerospace Authority.

(4)“Board” means the board of directors of the authority.

(5)“Bond” means a bond, note, or other obligation of the authority issued under this chapter, including a refunding bond.

(6)“Bond resolution” means a resolution of the board authorizing the issuance of, or providing terms and conditions related to, bonds and includes, when appropriate, any trust agreement, trust indenture, indenture of mortgage, or deed of trust providing terms and conditions for the bonds.

(7)“Payload” means any property, cargo, or persons transported by spacecraft.

(8)“Recovery” means the recovery of any spacecraft or payload, or any part of any spacecraft or payload, including any appurtenance, instrument, or equipment, that has detached from a spacecraft in flight or upon launch or landing.