CFR > Title 27 > Chapter I > Subchapter F > Part 70 > Subpart G – Losses Resulting From Disaster, Vandalism, or Malicious Mischief
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Terms Used In CFR > Title 27 > Chapter I > Subchapter F > Part 70 > Subpart G - Losses Resulting From Disaster, Vandalism, or Malicious Mischief
- 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.
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- 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.
- 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.
- tax: means the internal revenue tax that is paid or determined on spirits. See 27 CFR 70.601
- Trustee: A person or institution holding and administering property in trust.
- you: as used in this part 108 means a NMVC Company unless otherwise noted. See 13 CFR 108.40