45 CFR Part 1628 – Recipient Fund Balances
Current as of: 2024 | Check for updates
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| § 1628.1 | Purpose |
| § 1628.2 | Definitions |
| § 1628.3 | Policy |
| § 1628.4 | Procedures |
| § 1628.5 | Fund balance deficits |
Terms Used In 45 CFR Part 1628 - Recipient Fund Balances
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.