§ 3.1 Composition and responsibilities of Board
§ 3.2 Compensation of Board
§ 3.3 Matters reserved for decision by the Board
§ 3.4 Matters reserved for decision by the Governors
§ 3.5 Delegation of authority by Board
§ 3.6 Information furnished to Board–financial and operating reports
§ 3.7 Information furnished to Board–program review
§ 3.8 Information furnished to Board–special reports
§ 3.9 Establishment of rates and classes of competitive products of general applicability
§ 3.10 Establishment of rates and classes of competitive products not of general applicability

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Terms Used In 39 CFR Part 3 - Board of Governors (Article Iii)

  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • 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.
  • Statute: A law passed by a legislature.