CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 380 > Subpart C – Lcv Driver-Instructor Requirements
Current as of: 2024 | Check for updates
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Other versions
| § 380.301 | General requirements |
| § 380.303 | Substitute for instructor requirements |
| § 380.305 | Employer responsibilities |
Terms Used In CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 380 > Subpart C - Lcv Driver-Instructor Requirements
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- corporation: includes associations, joint-stock companies, and insurance companies. See 26 CFR 36.3121(l)(1)-1
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- stock: includes shares in an association, joint-stock company, or insurance company. See 26 CFR 36.3121(l)(8)-1