Definitions.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (d) (e) (f) (g) (h) (1) A standard adopted by the Agency for each state in accordance with § 1924.5(d)(1)(i)(E) of this subpart. (2) (3) (i) (1) When there is any financial interest of the party of the first part in the party of the second part. The providing of normal professional services by architects, engineers, attorneys or accountants with a client-professional relationship shall not constitute an identity of interest. (2) When one or more of the officers, directors, stockholders or partners of the party of the first part is also an officer, director, stockholder, or partner of the party of the second part. (3) When any officer, director, stockholder or partner of the party of the first part has any financial interest whatsoever in the party of the second part. (4) Between the spouse, significant other, relatives, and step-relatives of the principal owners of the party of the first part and its management, such as Grandmother, Aunt, Daughter, Granddaughter, Grandfather, Uncle, Son, Grandson, Mother, Sister, Niece, Cousin, Father, Brother, Nephew; (5) When the party of the second part advances any funds to the party of the first part. (6) When the party of the second part provides and pays on behalf of the party of the first part the cost of any legal services, architectural services or engineering services other than those of a surveyor, general superintendent, or engineer employed by a general contractor in connection with obligations under the construction

official document · source cfr-2024 · id 7:§ 1924.4