CFR > Title 12 > Chapter XII > Subchapter B > Part 1223 > Subpart A – General
Current as of: 2024 | Check for updates
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| § 1223.1 | Definitions |
| § 1223.2 | Policy, purpose, and scope |
| § 1223.3 | Limitations |
Terms Used In CFR > Title 12 > Chapter XII > Subchapter B > Part 1223 > Subpart A - General
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Manufacturer of tobacco products: includes any person who for commercial purposes makes available for consumer use (including such consumer's personal consumption or use under paragraph (1)(i) of this definition) a machine capable of making cigarettes, cigars, or other tobacco products. See 27 CFR 40.11
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- 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.
- Trustee: A person or institution holding and administering property in trust.