CFR > Title 46 > Chapter III > Part 401 > Subpart A – General
Current as of: 2024 | Check for updates
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Other versions
| § 401.100 | Purpose |
| § 401.105 | OMB control numbers assigned pursuant to the Paperwork Reduction Act |
| § 401.110 | Definitions |
| § 401.120 | Federal reservation of pilotage regulations |
Terms Used In CFR > Title 46 > Chapter III > Part 401 > Subpart A - General
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.