25 CFR 700.453 – Definitions
(a) Act means Pub. L. 93-531 (88 Stat. 1712, 25 U.S.C. § 640d), as amended.
Terms Used In 25 CFR 700.453
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) Applicant means with respect to this subpart, any applicant as defined under § 700.457(c) or § 700.459(b).
(c) Business means any lawful activity, except a nonprofit organization, that is—
(1) Conducted primarily for the purchase, sale, lease and/or rental of personal and/or real property, and/or for the manufacture, processing, and/or marketing of products, commodities, and/or any other personal property; or
(2) Conducted primarily for the sale of services to the public.
(d) Commissioners means the three Commissioners of the Navajo and Hopi Indian Relocation Commission.
(e) In-kind contribution means a noncash contribution as described in attachment F of OMB Circular A-102.
(f) Local government means a local unit of government including specifically a county, municipality, city, town, township, local public authority, special district, council of governments, and other regional or interstate entity, or any agency or instrumentality of a local government.
(g) Nonprofit organization means a corporation, partnership, individual, or other public or private entity that is engaged in a lawful business, professional, or instructional activity on a nonprofit basis and that has established its nonprofit status under applicable Federal, State, or Tribal law.
(h) Related facilities means any building or structure normally found in a community and includes but is not limited to water, sewer and electrical lines, community centers, health centers and clinics, roads, and business establishments.
(i) Services means activities relating to human development including, but not limited to, educational and job training, mental health counseling, health care, and technical assistance in business administration, agriculture, and home economics.
(j) Tribe means the Navajo Chapter or the Hopi Village.
(k) Tribal subdivision means a Navajo Chapter or a Hopi Village.