CFR > Title 41 > Subtitle F > Chapter 302 > Subchapter C > Part 302-5 > Subpart B – Agency Responsibilities
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Terms Used In CFR > Title 41 > Subtitle F > Chapter 302 > Subchapter C > Part 302-5 > Subpart B - Agency Responsibilities
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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.
- Floor manager: Senators designated to lead and organize consideration of a bill or other measure on the floor. They usually are the chairman and ranking minority member of the reporting committee or their designees.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- 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.
- Trustee: A person or institution holding and administering property in trust.