Legal definition of provision
Nettet14. mar. 2024 · A provision stands for liability of uncertain time and amount. Provisions include warranties, income tax liabilities, future litigation fees, etc. They appear on a … Nettetfinancial provision: a phrase often used to denote rules relating to division of assets and payments on breakdown of marriage. It includes, in English family law, the process of …
Legal definition of provision
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NettetSection 17200 includes five definitions of unfair competition: (1) an unlawful business act or practice; (2) an unfair business act or practice; (3) a fraudulent business act or practice; (4) unfair, deceptive, untrue, or misleading advertising; or (5) any act prohibited by Sections 17500-17577.5. [20] Section 17203 allows the court to order ... NettetFind 21 ways to say PROVISION, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.
NettetPROVISION. TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. (A) com. law. The property which a drawer of a bill of exchange places in the hands of a drawee; as, for example, by remittances, or when the drawee is indebted to the drawer when the bill becomes due, provision is said to have been made. Acceptance always presumes a … NettetA waiver is a legally binding provision where either party int a treaty agrees to voluntarily forfeit a claim without the diverse party to-be responsibly. Waivers be commonly seen during settlement talks, when one party may be eager to pay out adenine slightly higher award, as long as the other person, often a claimant, agrees on sign a waiver …
NettetProvision is a term with varied meanings. In the legal context it could mean a clause in a statute, contract or other legal document. It can also be a stipulation or qualification made beforehand. The following is an example of a state law (Montana) defining a particular provision: Mont. Code Anno., § 17-1-502 Nettetlegal provision means any statute, law, ordinance, rule, regulation, judgment, order or decree of any Governmental Entity. Sample 1. Based on 1 documents. legal provision …
NettetIndemnity In its widest sense, "indemnity" means protection against, or compensation for, a loss or liability. Some indemnity claims arise by operation of law.
Nettetprovision. is a liability of uncertain timing or amount. A . liability. is a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. 1. An . obligating event. is an event that creates a legal or constructive obligation jon pearson holland hartNettetLegal Provisions. definition. Legal Provisions has the meaning specified in Section 6.15. Legal Provisions has the meaning set forth in Section 3.7. Legal Provisions means all … jon pease nip groupNettetIn the legal context, a provision is a stipulation within a legal document or in a specific law. This can also be known as a clause, contract clause, or contract provision. … how to install mods on gta 5 steamNettetExamples of legal provision in a sentence, how to use it. 20 examples: Furthermore, in each legal system there may be no unifying legal provision for all the hypothetical… how to install mods on ksp steamNettetA contingent liability becomes a provision and is recorded when three criteria are met: (1) a present obligation from a past event exists, (2) it is probable that an outflow of … how to install mods on hitman 3NettetLatest but don least, the widespread provisions can include a provision requiring members at take disputes initially through non-binding mediation, followed by binding commercial. There should also be a provision to required elect to amend the operating agreement (perhaps, a vote by managers and adenine certain proportion of members). jon.pearson cornell.eduNettetIn a legal document, a provision is typically a dedicated section that describes or specifies an action or condition. It might include words like "shall" or "shall not" (although that is not a requirement). But here's the catch. Relevant information isn't … jon pearson holland and hart