49 CFR Part 370 – Principles and Practices for the Investigation and Voluntary Disposition of Loss and Damage Claims and Processing Salvage
Current as of: 2024 | Check for updates
|
Other versions
| § 370.1 | Applicability of regulations |
| § 370.3 | Filing of claims |
| § 370.5 | Acknowledgment of claims |
| § 370.7 | Investigation of claims |
| § 370.9 | Disposition of claims |
| § 370.11 | Processing of salvage |
Terms Used In 49 CFR Part 370 - Principles and Practices for the Investigation and Voluntary Disposition of Loss and Damage Claims and Processing Salvage
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.