§ 671.1 Purpose of regulations
§ 671.2 Scope
§ 671.3 Definitions

Terms Used In CFR > Title 45 > Subtitle B > Chapter VI > Part 671 > Subpart A - Introduction

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.