§ 375.10 What is the purpose of the redemption operation announcement?
§ 375.11 Who may participate in a redemption operation?
§ 375.12 How do I submit an offer?
§ 375.13 What requirements apply to offers?
§ 375.14 Do I have to make any certifications?
§ 375.15 Who is responsible for delivering securities?

Terms Used In CFR > Title 31 > Subtitle B > Chapter II > Subchapter A > Part 375 > Subpart B - Offering, Certifications, and Delivery

  • Act: means the Foreign-Trade Zones Act of June 18, 1934, as amended (48 Stat. See 19 CFR 146.1
  • Activation: means approval by the grantee and port director for operations and for the admission and handling of merchandise in zone status. See 19 CFR 146.1
  • Admit: means to bring merchandise into a zone with zone status. See 19 CFR 146.1
  • Alteration: means a change in the boundaries of an activated zone or subzone; activation of a separate site of an already-activated zone or subzone with the same operator at the same port; or the relocation of an already-activated site with the same operator. See 19 CFR 146.1
  • Contract: A legal written agreement that becomes binding when signed.
  • Deactivation: means voluntary discontinuation of the activation of an entire zone or subzone by the grantee or operator. See 19 CFR 146.1
  • Devise: To gift property by will.
  • Merchandise: includes goods, wares and chattels of every description, except prohibited merchandise. See 19 CFR 146.1
  • Operator: is a corporation, partnership, or person that operates a zone or subzone under the terms of an agreement with the zone grantee. See 19 CFR 146.1
  • port director: means the director of that port of entry. See 19 CFR 146.1
  • Reactivation: means a resumption of the activated status of an entire area that was previously deactivated without any change in the operator or the area boundaries. See 19 CFR 146.1
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transfer: means to take merchandise with zone status from a zone for consumption, transportation, exportation, warehousing, cartage or lighterage, vessel supplies and equipment, admission to another zone, and like purposes. See 19 CFR 146.1
  • User: means a person or firm using a zone or subzone for storage, handling, or processing of merchandise. See 19 CFR 146.1
  • Zone site: means the physical location of a zone or subzone. See 19 CFR 146.1
  • Zone status: means the status of merchandise admitted to a zone, i. See 19 CFR 146.1