As used in this subchapter the term—

(1) “Person” means a natural person, partnership, association, other unincorporated body, corporation, or body politic.

(2) “Property” means any property, right, or interest.

(3) “Treaty of peace”, with respect to a country, means the treaty of peace with that country signed at Paris, France, February 10, 1947, which came into force between that country and the United States on September 15, 1947.

Terms Used In 22 USC 1631

  • association: when used in reference to a corporation, shall be deemed to embrace the words "successors and assigns of such company or association" in like manner as if these last-named words, or words of similar import, were expressed. See 1 USC 5
  • 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.
  • 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.
  • Person: means a natural person, partnership, association, other unincorporated body, corporation, or body politic. See 22 USC 1631
  • Property: means any property, right, or interest. See 22 USC 1631