CFR > Title 31 > Subtitle B > Chapter V > Part 598 > Subpart G – Penalties
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Terms Used In CFR > Title 31 > Subtitle B > Chapter V > Part 598 > Subpart G - Penalties
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- 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.