CFR > Title 30 > Chapter II > Subchapter B > Part 250 > Subpart K > Flaring, Venting, and Burning Hydrocarbons
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Terms Used In CFR > Title 30 > Chapter II > Subchapter B > Part 250 > Subpart K > Flaring, Venting, and Burning Hydrocarbons
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.