34 CFR Part 60 – Indemnification of Department of Education Employees
Current as of: 2024 | Check for updates
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| § 60.1 | What are the policies of the Department regarding indemnification? |
| § 60.2 | What procedures apply to requests for indemnification? |
Terms Used In 34 CFR Part 60 - Indemnification of Department of Education Employees
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Verdict: The decision of a petit jury or a judge.