§ 900.1 Prescription of standards
§ 900.2 Definitions and construction
§ 900.3 Antitrust, fraud, and tax and interagency claims excluded
§ 900.4 Compromise, waiver, or disposition under other statutes not precluded
§ 900.5 Form of payment
§ 900.6 Subdivision of claims not authorized
§ 900.7 Required administrative proceedings
§ 900.8 No private rights created

Terms Used In 31 CFR Part 900 - Scope of Standards

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • claims: include money, funds, or property owed to a State, the District of Columbia, American Samoa, Guam, the U. See 25 CFR 513.1
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Pay: includes current basic pay, special pay, incentive pay, retired pay, and retainer pay. See 25 CFR 513.1
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.