Section 483 Clause Samples

Section 483 establishes the rules and procedures for the collection of certain deferred payments, typically related to installment sales of property. It outlines how interest is to be calculated and reported on deferred payment obligations, and specifies the tax treatment for sellers who receive payments over time rather than in a lump sum. By providing a standardized method for handling deferred payments, Section 483 ensures that both taxpayers and the IRS have clarity on the timing and amount of taxable income, thereby preventing tax avoidance through delayed payment structures.
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Section 483 of the Local Government Act permits the City to enter into and, by legal notation on title, note on title to lands, housing agreements;
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Section 483. 75(o). Notwithstanding that fact, the existence of any such privilege does not affect Sun's obligation to comply with the provisions of this CIA.
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Section 483. 310.2 (emphasis added). Despite the trial court’s finding, this section has no applicability in the current dispute because the clerk did not elect to invest the monies in this fund and the clerk did not elect to make expenditures from the fund (nor did the receiver/trustee make such elections). The clerk was never given an opportunity to make such an election. Rather, the funds were invested and expended upon order of the court.
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Related to Section 483

  • Section 6.2 13 The Association representatives may represent the Association and employees in meeting with officials 14 of the District to discuss appropriate matters of mutual interest. They may receive and investigate to 15 conclusion complaints or grievances of employees on District time and thereafter advise employees of 16 rights and procedures outlined in this Agreement and applicable regulations or directives for resolving 17 the grievances or complaints. They may not, however, continue to advise the employee on courses of 18 action after the employee has indicated a desire not to pursue a grievance. This does not, however, 19 preclude the Association's right to pursue the matter to conclusion. They may consult with the District 20 on complaints without a grievance being made by an individual employee.

  • Section 4.5 37 The President of the Association and designated representatives will be provided time off without loss of 38 pay to a maximum of three (3) days per year to attend regional or State meetings when the purpose of 39 those meetings is in the best interests of the District as determined by the District administration.

  • Section 4.3 34 The Association reserves and retains the right to delegate any right or duty contained herein to 35 appropriate officials of the Public School Employees of Washington State Organization.

  • Section 3.4 26 Each employee reserves and retains the right to delegate any right or duty contained in this Agreement, 27 exclusive of compensation for services rendered, to appropriate officials of the Association.

  • Section 4.4 32 The Association reserves and retains the right to delegate any right or duty contained herein to 33 appropriate officials of the Public School Employees of Washington/SEIU Local 1948 State 34 Organization.