7 CFR Part 1407 – Debarment and Suspension
Current as of: 2024 | Check for updates
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§ 1407.1 | Purpose |
§ 1407.2 | Nonprocurement debarment and suspension |
§ 1407.3 | Procurement debarment and suspension |
Terms Used In 7 CFR Part 1407 - Debarment and Suspension
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fraud: Intentional deception resulting in injury to another.
- Grantor: The person who establishes a trust and places property into it.
- Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
- Statute: A law passed by a legislature.