41 CFR 105-50.001-4 – Special-purpose unit of local government
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Special-purpose unit of local government means any special district, public-purpose corporation, or other strictly limited-purpose political subdivision of a State, but shall not include a school district.
Terms Used In 41 CFR 105-50.001-4
- 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.
