CFR > Title 27 > Chapter I > Subchapter B > Part 44 > Subpart E > Changes in Ownership and Control
Current as of: 2024 | Check for updates
|
Other versions
§ 44.104 | Fiduciary successor |
§ 44.105 | Transfer of ownership |
§ 44.106 | Change in officers or directors of a corporation |
§ 44.107 | Change in stockholders of a corporation |
Terms Used In CFR > Title 27 > Chapter I > Subchapter B > Part 44 > Subpart E > Changes in Ownership and Control
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- 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.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Fraud: Intentional deception resulting in injury to another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Oversight: Committee review of the activities of a Federal agency or program.
- 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.