CFR > Title 34 > Subtitle A > Part 30 > Subpart A – General
Current as of: 2024 | Check for updates
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Other versions
| § 30.1 | What administrative actions may the Secretary take to collect a debt? |
| § 30.2 | On what authority does the Secretary rely to collect a debt under this part? |
Terms Used In CFR > Title 34 > Subtitle A > Part 30 > Subpart A - General
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- 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.
- corporation: includes associations, joint-stock companies, and insurance companies. See 26 CFR 36.3121(l)(1)-1
- Fiduciary: A trustee, executor, or administrator.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- 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.
- Statute: A law passed by a legislature.