CFR > Title 13 > Chapter I > Part 107 > Subpart E > Requirement To Conduct Active Investment Operations
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| § 107.590 | Licensee’s requirement to maintain active operations |
Terms Used In CFR > Title 13 > Chapter I > Part 107 > Subpart E > Requirement To Conduct Active Investment Operations
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- you: as used in this part 107 means a Licensee or license applicant, as appropriate, unless otherwise noted. See 13 CFR 107.40