Legal Def Provision

In the event that one of the parties involved in a legal agreement does not comply with a provision, this is called a breach of contract. Once this happens, the culprit must remedy the situation, which often happens by offering compensation. Code du Mont. Anno., § 17-1-502: “Determination of assigned revenues” means an administrative or legislative measure that allocates the proceeds of a tax, royalty, assessment or other source to an account of the Special State Revenue Fund, as described in 17-2-102, or to a local government. Be aware of the need for fireplaces, windows and screened doors, and food storage arrangements. Here is an example of a state law (Montana) that defines a specific provision: Determination is a term that has different meanings. In the legal context, it can be a clause in a law, contract or other legal document. It can also be a requirement or qualification that has been made before. In determining all the “provisions” applicable to a case, the useful meaning would be all sections of the document relevant to the case. The provisions generally require one or all of the parties involved to take action within a certain period of time or before a specific date. They can be found in most loan documents, in the laws of a state or country, and in contracts. It is also common to follow the fine print that is provided after the purchase of certain financial securities. A provision is something that is provided for in the document.

“Disposition” is defined as making plans to deal with a possible event in the future or in a formal context such as a law or agreement in order to do something happen or exist. This something can refer to anything – a certain action that must or must not occur, a condition, etc. “Letting it happen” in the sense of the described condition (specifies whether it happens or does not happen) means becoming reality as specified. In a legal document, a provision is usually a special section that describes or specifies an action or condition. It may contain words like “shall” or “should not” (although this is not a requirement). But here`s the catch. Relevant information is not always fully included in the “determination” sentences. For example, there could be an introductory section describing the different players. It may or may not be a substantive provision according to a legal definition, but it could define whether a provision is applicable to a particular party. In his view, Rio Tinto did not address this comprehensive sanctions provision against Iran.

Given the reduction in voting rights of employee and investor shares, it is possible that these voting rights provisions could have a negative impact on the closing price of these shares. DISPOSITION, COM. Goods that a draughtsman hands over to a cartoonist; For example, by bank transfer or if the beneficiary is indebted to the subscriber at the maturity of the bill of exchange, it is said that provisions have been made. Acceptance always implies a benefit. See Comm. Code, art. 115, 116, 117. In the legal context, a provision is a provision contained in a particular legal document or statute. This can also be called a clause or a contractual clause. In accounting, however, provisions refer to all profits that are used for a specific purpose or expense.

Legal provisions are usually contained in a contract or other type of legal arrangement to protect the interests of the parties involved. Read below to learn how regulations work in the context of the law and see relevant examples. Article 13.02 All legal provisions shall be deemed to contain Each provision required by law to be incorporated into this Agreement shall be deemed to form part of this Agreement, whether or not it is actually inserted. Of course, Mr. Blanchard had his son and his son`s widow in mind when he made this arrangement. When he had a supply of provisions, he always pursued the goats as usual, but only for his personal satisfaction. Solutions include improving access to technology for students, leveraging low-tech community efforts, tutoring, and special offers for younger learners. Deemed Legal Provisions Included: Each individual provision of any law required by law to be incorporated into this Agreement shall be deemed to be incorporated herein, and the Agreement shall be read and enforced as if contained herein, and if such provision is not inserted or inserted incorrectly by mistake or otherwise, then the Agreement shall be physically amended immediately upon request by either party, to make such an insertion. Domestic violence awareness groups rejected the provision, saying it would discourage victims from filing complaints. These are words that are often used in combination with deployment.

Assembly Bill 3216 also contains provisions that allow laid-off workers to return to work, even if an employer or business changes ownership. Confusion about apparent vagueness, because the definition appears to apply to contradictory terms, may be due to an overly precise search for a precise literal legal definition. The explanation for the dichotomy might be more obvious by taking a step back and looking at a broader definition. This provision provides first-time offenders with what is called pre-trial intervention. There was a provision in the Union Conscription Act of 1863 that allowed wealthy men to pay $300 to buy their exit from service. Tax evasion carries a maximum penalty of five years, so it is likely that Grimm will be covered by the provision. For example, bonds often have a purchase clause that sets the date after which the company can withdraw the bond. Another type of determination is the determination of extinction. This is usually included in some laws and results in an automatic repeal process after a certain date if the law has not been newly enacted by a legislator. If there are provisions for changes in your digital marketing strategy, you can adapt to any situation. So I would say the circumstances that must occur.

It depends, of course, on the specific case. **Think about the time of the case, because because of this provision, only certain provisions apply after a certain date: observing real examples of provisions is one of the best ways to better understand their wording. Here is an example of a provision contained in Montana state law: This would make the determination for the Levite the same as for five men of the tribes.