§ 1006.200 What is a covered transaction?
§ 1006.205 Why is it important if a particular transaction is a covered transaction?
§ 1006.210 Which nonprocurement transactions are covered transactions?
§ 1006.215 Which nonprocurement transactions are not covered transactions?
§ 1006.220 Are any procurement contracts included as covered transactions?
§ 1006.225 How do I know if a transaction in which I may participate is a covered transaction?

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In CFR > Title 22 > Chapter X > Part 1006 > Subpart B - Covered Transactions

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Docket: A log containing brief entries of court proceedings.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • 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.
  • Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.