CFR > Title 41 > Subtitle C > Chapter 102 > Subchapter B > Part 102-39 > Subpart A – General
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In CFR > Title 41 > Subtitle C > Chapter 102 > Subchapter B > Part 102-39 > Subpart A - General
- 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.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
- Statute: A law passed by a legislature.