# 5 C.F.R. § 2634.1003 (2026): Definitions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1003

## Section

- **Citation:** 5 C.F.R. § 2634.1003 (2026)
- **Heading:** Definitions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 5 CFR: Administrative Personnel / Chapter XVI: OFFICE OF GOVERNMENT ETHICS / Part 2634: EXECUTIVE BRANCH FINANCIAL DISCLOSURE, QUALIFIED TRUSTS, AND CERTIFICATES OF DIVESTITURE / Subpart J: Certificates of Divestiture / § 2634.1003: § 2634.1003   Definitions.

## Text

For purposes of this subpart:
(a)
Eligible person
means:
(1) Any officer or employee of the executive branch of the Federal Government, except a person who is a special Government employee as defined in 18 U.S.C. 202;
(2) The spouse or any minor or dependent child of the individual referred to in paragraph (1) of this definition; and
(3) Any trustee holding property in a trust in which an individual referred to in paragraph (1) or (2) of this definition has a beneficial interest in principal or income.
(b)
Permitted property
means:
(1) An obligation of the United States; or
(2)
A diversified investment fund.
A diversified investment fund is a diversified mutual fund (including diversified exchange-traded funds) or a diversified unit investment trust, as defined in 5 CFR 2640.102(a), (k) and (u);
(3) Provided, however, a permitted property cannot be any holding prohibited by statute, regulation, rule, or Executive order. As a result, requirements applicable to specific agencies and positions may limit an eligible person's choices of permitted property. An employee seeking a Certificate of Divestiture should consult the appropriate designated agency ethics official to determine whether a statute, regulation, rule, or Executive order may limit choices of permitted property.

## Nearby sections

- [5 C.F.R. § 2634.1001 (2026) § 2634.1001   Overview.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1001.md)
- [5 C.F.R. § 2634.1002 (2026) § 2634.1002   Role of the Internal Revenue Service.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1002.md)
- [5 C.F.R. § 2634.1003 (2026) § 2634.1003   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1003.md)
- [5 C.F.R. § 2634.1004 (2026) § 2634.1004   General rule.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1004.md)
- [5 C.F.R. § 2634.1005 (2026) § 2634.1005   How to obtain a Certificate of Divestiture.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1005.md)
- [5 C.F.R. § 2634.1006 (2026) § 2634.1006   Rollover into permitted property.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1006.md)
- [5 C.F.R. § 2634.1007 (2026) § 2634.1007   Cases in which Certificates of Divestiture will not be issued.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1007.md)
- [5 C.F.R. § 2634.1008 (2026) § 2634.1008   Public access to a Certificate of Divestiture.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1008.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_1003. Check the current official text before relying on it. Not legal advice.