Exchange facilitator definition

Exchange facilitator means a person that:
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Exchange facilitator means a person that does any of the
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Exchange facilitator means a person who: (A) Maintains an office in this state for the purpose of soliciting business facilitating the exchange of like-kind property, as described in subparagraph (B) of this subdivision; or (B) for a fee (i) facilitates an exchange of like-kind property by entering into an agreement with a client pursuant to which the exchange facilitator acquires from such client the contractual rights to sell such client's relinquished property located in this state and transfer a replacement property to such client as a qualified intermediary, within the meaning of 26 CFR 1. 1031(k)-1(g)(4), (ii) enters into an agreement with a client to take title to a property in this state as an exchange accommodation titleholder, as defined in Revenue Procedure 2000-37 issued by the Internal Revenue Service, or (iii) enters into an agreement with a client to act as a qualified trustee or qualified escrow holder, as such terms are defined in 26 CFR 1. 1031(k)-1(g)(3); but shall not include:
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Examples of Exchange facilitator in a sentence

  • Exchange facilitator means a qualified intermediary, transferee, escrow holder, trustee, or other party that holds exchange funds for a taxpayer during an exchange period.

  • Exchange facilitator means a qualified intermediary, transferee, escrow holder, trustee, or other party that holds exchange funds for a taxpayer in a deferred exchange pursuant to an escrow agreement, trust agreement, or exchange agreement.

  • As used in this act:8 "Client" means a taxpayer that enters into an agreement with an9 exchange facilitator for services.10 "Commissioner" means the Commissioner of the Department of11 Banking and Insurance.12 "Department" means the Department of Banking and Insurance.13 "Exchange facilitator" means a person that does any of the14 following:15 a.

  • The low level of private sector involvement was not due to lack of effort by the programme: a Knowledge Exchange facilitator was supported in 2004-05 as part of the UK SOLAS Science Coordination team, specifically to encourage KE (then KT, Knowledge Transfer) engagement by a broad spectrum of marine industries.

  • Section 1.7872–16 is added to read as follows:§1.7872–16 Loans to an exchange facilitator under §1.468B–6.(a) Exchange facilitator loans.

  • Keep learning and growing!IN MEMORIAMFRANK SPENCE Joan Ryan Meg Weaver, longtime ENCORE member, webmaster, officer, and Science Exchange facilitator, died unexpectedly on July 20, 2015 after a massive stroke suffered a week earlier.

  • As the Community Information Exchange facilitator, 2-1-1 San Diego may, but shall not be required to refer Clients to Participant (“Referral Request”).

  • Three quarters (75.2 percent) of individuals or couples owning such property have a net worth (excluding home equity) of over $1 million, and 36.2 percent of them meet the income test for accredited investors.61 A total of 76.0 percent of such households meet one or the other test for individual accredited investors.62 2.4 THE EXISTING REGULATORY STRUCTURE IS ADEQUATE TO RESPOND TO EXCHANGE FACILITATOR DEFAULTS Exchange facilitator defaults can cause harm to consumers in several ways.

  • Dr. Stengel is a trained Inside-Out Prison Exchange facilitator, and has led courses in two English prisons.Morwenna Bennallick is a Lecturer at the University of Westminster.


More Definitions of Exchange facilitator

Exchange facilitator means a person who: (A) Maintains an
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Exchange facilitator means a person who:
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Related to Exchange facilitator

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Qualified custodian means the following independent institutions or entities that are not affiliated with the investment adviser by any direct or indirect common control and have not had a material business relationship with the investment adviser in the previous two years:

  • Liquidator has the meaning set forth in Section 13.2.A hereof.

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;