15 C.F.R. § 231.113

Research and development.

Last amended: 2023Year: 2026Length: 39 wordsOfficial source

Cite as 15 C.F.R. § 231.113 (2026)

Research and development means theoretical analysis, exploration, or experimentation; or the extension of investigative findings and theories of a scientific or technical nature into practical application, including the experimental production and testing of models, devices, equipment, materials, and processes.
15 C.F.R. § 231.113: Research and development. | Justis AI