Source: http://www.law.cornell.edu/cfr/text/31/356/appendix-A
Timestamp: 2013-05-24 16:18:47
Document Index: 732582812

Matched Legal Cases: ['art 356', 'art 356', 'art 356', 'art 356', 'art 356', 'art 356']

31 CFR 356, Appendix A to Part 356 - Bidder Categories | Title 31 - Money and Finance: Treasury | Code of Federal Regulations | LII / Legal Information Institute
CFR › Title 31 › Subtitle B › Chapter II › Subchapter B › Part 356 › Appendix A	prev | next
31 CFR 356, Appendix A to Part 356 - Bidder Categories
(a) Corporation —We consider a corporation to be one bidder. A corporation includes all of its affiliates, which may be persons, partnerships, or other entities. We consider a business trust, such as a Massachusetts or Delaware business trust, to be a corporation. We use the term “corporate structure” to refer to the collection of affiliates that we consider collectively to be one bidder. An affiliate is any:
[Name of corporation] hereby certifies that, with regard to any entity of which it owns more than 50 percent as defined in appendix A to 31 CFR qart 356, but for which the purpose of such ownership is to seek a return on investment and not to engage in the business of the entity:
(b) Partnership —We consider a partnership to be one bidder if it is a partnership for which the Internal Revenue Service has assigned a tax-identification number. A partnership includes all of its affiliates, which may be persons, corporations, general partners acting on behalf of the partnership, or other entities. We use the term “partnership structure” to refer to the collection of affiliates that we consider collectively to be one bidder. We may consider a partnership structure that contains one or more corporations as a “partnership” or a “corporation,” but not both.
[Name of partnership] hereby certifies that, with regard to any entity of which it owns more than 50 percent as defined in appendix A to 31 CFR qart 356, but for which the purpose of such ownership is to seek a return on investment and not to engage in the business of the entity:
(c) Government-related entity —We consider each of the following entities to be one bidder:
(d) Trust or other fiduciary estate —We consider a legal entity created under a valid trust instrument, court order, or other legal authority that designates a trustee or fiduciary to act for the benefit of a named beneficiary to be one bidder. The following conditions must also be met for us to consider a trust entity to be one bidder:
(e) Individual —We consider a person to be one bidder, regardless of whether he or she is acting as an individual, a sole proprietor, or for any entity not otherwise defined as a bidder. If a person meets the definition of an affiliate within a corporate or partnership structure, we will consider him or her to be a bidder in this “individual” category if the corporation or partnership is not bidding in the same auction. We do not consider a person acting in an official capacity as an employee or other representative of a bidder defined in any other category to be an “individual” bidder. We consider a person, his or her spouse, and any children under the age of 21 having a common household to be one “individual” bidder.
(f) Foreign and International Monetary Authority (“FIMA”) —We consider one or more parties making up a foreign or international monetary organization that is not private in nature to be a bidder called a FIMA entity if at least one of the parties is a foreign or international entity that is (i) financial in nature, or (ii) not financial in nature but is authorized to open an account at the Federal Reserve Bank of New York. We consider each of the following entities to be a single FIMA entity:
(g) Other Bidder —We do not consider a bidder defined by any of the above categories to be a bidder in this category. For purposes of this definition, “other bidder” means an institution or organization with a unique IRS-assigned employer identification number. This definition includes such entities as an association, church, university, union, or club. This category does not include any person or entity acting in a fiduciary or investment management capacity, a sole proprietorship, an investment account, an investment fund, a form of registration, or investment ownership designation.
[Name of the bidder] hereby certifies that to the best of its knowledge and belief it meets the criteria for a separate bidder as described in appendix A to 31 CFR qart 356. The above-named bidder also certifies that it has established written policies or procedures, including ongoing compliance monitoring processes, that are designed to prevent the component or group of components from:
Title 31 published on 2012-07-01no entries appear in the Federal Register after this date. This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site. Title 31 published on 2012-07-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 31 CFR 356 after this date.2012-12-05; vol. 77 # 234 - Wednesday, December 5, 201277 FR 72278 - Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds