16 CFR §461.1
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
As used in this part:
Business means a corporation, partnership, association, or any other entity that provides goods or services, including not-for-profit entities.
Government includes federal, state, local, and tribal governments as well as agencies and departments thereof.
Materially means likely to affect a person's choice of, or conduct regarding, goods or services.
Officer includes executives, officials, employees, and agents.