44 CFR Part 362 – Criteria for Acceptance of Gifts, Bequests, or Services
Current as of: 2024 | Check for updates
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§ 362.1 | Purpose |
§ 362.2 | Definitions |
§ 362.3 | Criteria for determining acceptance |
Terms Used In 44 CFR Part 362 - Criteria for Acceptance of Gifts, Bequests, or Services
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Personal property: All property that is not real property.