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identity of interest agent

Defined in 1 place of the United States Code.

In this section, the terms "agent employed to manage the property that has an identity of interest" and "identity of interest agent" mean an entity—

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In this section, the terms “agent employed to manage the property that has an identity of interest” and “identity of interest agent” mean an entity—

(1) that has management responsibility for a project;

(2) in which the ownership entity, including its general partner or partners (if applicable) and its officers or directors (if applicable), has an ownership interest; and

(3) over which the ownership entity exerts effective control.

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