Subchapter O definition

Subchapter O means Subchapter O of Chapter 60 of the Texas Water Code, which is entitled Purchase Contracts. This subchapter contains purchase requirements for Alternative Procurement Methods such as design-build, construction manager-at-risk, competitive sealed proposals for construction services, and job order contracts.
Sample 1Sample 2Sample 3
Subchapter O means Subchapter O of Chapter 60 of the Texas Water Code, which is entitled Purchase Contracts.
Sample 1Sample 2

Examples of Subchapter O in a sentence

  • Fair market value on December 31, 1969, less straight line depre- ciation of $5,100 ($104,900) exceeds basis as de- termined by Part II of Subchapter O of Chap- ter 1, $96,900 ($102,000 less $5,100), and will be used for purposes of determining gain.

  • Because fair market value on December 31, 1969, less straight line depreciation of $5,100 ($94,900) is less than basis as determined by Part II of Subchapter O of Chapter 1, $96,900 ($102,000 less $5,100), a gain of $3,100 is recognized (i.e., sales price of$100,000 less the greater of the two possible bases).Example 2.

  • Be- cause fair market value on December 31, 1969, $100,000, is less than the adjusted basis as determined by Part II, Subchapter O, Chapter 1 of the Code, $102,000, a short-term gain of $3,000 is recognized (i.e., sale price of$105,000 less the greater of the two possible bases) for purposes of subparagraph (2)(ii) of this paragraph.Example 2.

  • Since the fair market value on December 31, 1969,$110,000, exceeds the adjusted basis as deter- mined by Part II, Subchapter O, Chapter 1 of the Code, $102,000, such fair market value will be used for purposes of determining gain.

  • In addition, this study complies with all of the TCEQ’s requirements for the development of a technical study, as described in 30 Texas Administrative Code, Chapter 330, Subchapter O.

  • If the State determines that the County has not been complying with 43, TAC, Part I, Chapter 15, Subchapter O, the State may prohibit the County from continuing with all projects on the List of Transportation Infrastructure Projects until the County complies.

  • The basis to a transferee partner of an interest in a partnership shall be determined under the general basis rules for property provided by part II (section 1011 and following), Subchapter O, Chapter 1 of the Internal Revenue Code.

  • This contract is a “lump-sum contract” as defined by Texas Administrative Code, Title 34, Part 1, Chapter 3, Subchapter O – State Sales and Use Tax, Rule §3.291 (Contractors).(2) When purchased by the Contractor for use in performance of this contract, certain tangible personal property and taxable services are exempt from State Sales and Use Tax under Texas Tax Code §151.311, and in most cases are also exempt from County and Municipal Sales and Use Tax.

  • Because fair market value on December 31, 1969, less straight line depreciation of $5,100 ($94,900) is less than § 53.4941(a)–1basis as determined by Part II of Subchapter O of Chapter 1, $96,900 ($102,000 less $5,100), a gain of $3,100 is recognized (i.e., sales price of$100,000 less the greater of the two possible bases).Example 2.

  • Insurance Code Chapter 2210, Subchapter O, authorizes the creation of a depopulation program consisting of voluntary market and assumption reinsurance components.

Related to Subchapter O

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Chapter means a Chapter under this Part;

  • chapters and "headings" mean the chapters and the headings (four-digit codes) used in the nomenclature which makes up the Harmonized Commodity Description and Coding System, referred to in this Protocol as "the Harmonized System" or "HS";

  • Tax Code means the Internal Revenue Code of 1986, as amended.

  • Disregarded Entity means a single member limited liability company, a qualifying subchapter S subsidiary, or another entity if the company, subsidiary, or entity is a disregarded entity for federal income tax purposes.

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • Disregarded Domestic Subsidiary means any direct or indirect (other than through a Foreign Subsidiary) Domestic Subsidiary of which all but a de minimis amount of the assets of which consist of equity interests of one or more indirect Foreign Subsidiaries.

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

  • FDI Act means the Federal Deposit Insurance Act, as amended or recodified.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • Charter Act The Federal National Mortgage Association Charter Act (12 U.S.C. § 1716

  • Taxable REIT Subsidiary means any corporation (other than a REIT) in which General Partner directly or indirectly owns stock and General Partner and such corporation jointly elect that such corporation shall be treated as a taxable REIT subsidiary of General Partner under and pursuant to Section 856 of the Code.

  • FOI Act means the Freedom of Information Act 2000 and any subordinate legislation made under that Act or any code issued pursuant to sections 45 or 46 of that Act or any guidance issued by the Information Commissioner;

  • the 1997 Act means the Town and Country Planning (Scotland) Act 1997 (c. 8);

  • State Water Control Law means Chapter 3.1 (§ 62.1-44.2 et seq.) of Title 62.1 of the Code of Virginia.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • REIT Provisions of the Code means Sections 856 through 860 of the Code and any successor or other provisions of the Code relating to real estate investment trusts (including provisions as to the attribution of ownership of beneficial interests therein) and the regulations promulgated thereunder.

  • NRS means the Nevada Revised Statutes.

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • IRS Code means the Internal Revenue Code of 1986, as amended from time to time or any successor statute.

  • U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • FMC Act means the Financial Markets Conduct Act 2013.

  • U.S. Internal Revenue Code means the United States Internal Revenue Code of 1986, as amended.

  • PBCL means the Pennsylvania Business Corporation Law of 1988, as amended.

  • Federal Bankruptcy Code means the Bankruptcy Act of Title 11 of the United States Code, as amended from time to time.