46 CFR Part 324 – Procedural Rules for Financial Transactions Under Agency Agreements
Current as of: 2024 | Check for updates
|
Other versions
| Accounts | |
| Accounting for Revenues | |
| Funding of Operations | |
| Disbursements | |
| Documents | |
| Reports and Audit |
Terms Used In 46 CFR Part 324 - Procedural Rules for Financial Transactions Under Agency Agreements
- 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.
- 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.