CFR > Title 36 > Chapter X > Part 1011 > Subpart C – Procedures for Offset of Presidio Trust Payments to Collect Debts Owed to Other Federal Agencies
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Terms Used In CFR > Title 36 > Chapter X > Part 1011 > Subpart C - Procedures for Offset of Presidio Trust Payments to Collect Debts Owed to Other Federal Agencies
- centralized offset: refer to the process by which the Treasury Department's Financial Management Service offsets federal payments through the Treasury Offset Program. See 36 CFR 1011.1
- 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
- Decedent: A deceased person.
- Executor: A male person named in a will to carry out the decedent
