§ 668.161 Scope and institutional responsibility
§ 668.162 Requesting funds
§ 668.163 Maintaining and accounting for funds
§ 668.164 Disbursing funds
§ 668.165 Notices and authorizations
§ 668.166 Excess cash
§ 668.167 Severability

Terms Used In CFR > Title 34 > Subtitle B > Chapter VI > Part 668 > Subpart K - Cash Management

  • Contract: A legal written agreement that becomes binding when signed.
  • Dependent: A person dependent for support upon another.
  • EFT: includes all transactions covered by 31 CFR 208. See 34 CFR 668.161
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Trustee: A person or institution holding and administering property in trust.