§ 780.800 Scope and significance of interpretative bulletin
§ 780.801 Statutory provisions
§ 780.802 What determines application of the exemption
§ 780.803 Basic conditions of exemption; first part, ginning of cotton
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Terms Used In CFR > Title 29 > Subtitle B > Chapter V > Subchapter B > Part 780 > Subpart I > Introductory

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.