§ 970.5001 Residual powers
§ 970.5001-4 Contract clause
§ 970.5070 Indemnification
§ 970.5070-1 Scope and applicability
§ 970.5070-2 General
§ 970.5070-3 Contract clauses

Terms Used In CFR > Title 48 > Chapter 9 > Subchapter I > Part 970 > Subpart 970.50 - Extraordinary Contractual Actions and the Safety Act

  • Contract: A legal written agreement that becomes binding when signed.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.