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What is a proof of service document? Proof of service is a document that functions like a legal “”receipt”” confirming the delivery of documents from one party to another in a legal matter. It is a written version of a sworn statement attesting to the completion of service of process. Read more on www.abclegal.com Without … Read more
What is the difference between Amendment and restatement? “”Amended”” means “”changed””, i.e., that someone has revised the document. “”Restated”” means “”presented in its entirety””, i.e., as a single, complete document. Accordingly, “”amended and restated”” means a complete document into which one or more changes have been incorporated. Read more on danashultz.com Amendment and restatement are … Read more
What is a statutory agent Ohio? A statutory agent-also known as a registered agent-is the party identified in your Ohio business to ensure you do not miss important notices regarding your business. An Ohio statutory agent can be an individual Ohio resident, or an organization registered or authorized to do business in Ohio. Read more … Read more
What does Esq stand for? Esquire (Esquire)? “”Esq.”” or “”Esquire”” is an honorary title that is placed after a practicing lawyer’s name. Practicing lawyers are those who have passed a state’s (or Washington, D.C.’s) bar exam and have been licensed by that jurisdiction’s bar association. Read more on www.findlaw.com You might have seen the designation … Read more
Are bylaws and operating agreement the same thing? Although similar in function in that they govern the internal affairs of a business entity, bylaws and operating agreements are two different things. The obvious difference is that bylaws apply to corporations, while an operating agreement applies to LLCs. Read more on fundsnetservices.com It’s crucial to set … Read more
What does Nolo mean in legal terms? of no contest Term. Main definition. Nolo Contendere. This plea , also known as plea of no contest , means the person charged, the defendant , is not admitting guilt and not denying it. The defendant is saying that they do not wish to contest the charges brought … Read more
What is a Declinatory exception? A declinatory exception is a species of dilatory exception.. Its function is to decline the jurisdiction of the court, e.g. for lis pendens, improper venue, improper service of process, or lack of personal or subject matter jurisdiction. This exception does not tend to defeat the action. Read more on definitions.uslegal.com … Read more
What does DK mean in law? Don’t know (DK)”””” is a slang expression for an out trade that is used when there is a discrepancy in the details of a trade. Read more on www.investopedia.com Especially for people who are unfamiliar with the legal system, legal jargon can be bewildering. One such phrase that could … Read more
Do you have to be qualified to be legal counsel? You must be (or about to become) qualified to practise as a barrister, solicitor or chartered legal executive in England and Wales. Read more on www.gov.uk Although they are not the same, legal counsel and lawyers are frequently used interchangeably. A lawyer is a professional … Read more
What is the legal term for sweat equity? Sweat equity is an ownership interest that a person gains from contributing labor instead of capital. The term is often used in the context of partners who have equity in a partnership earned not from a capital contribution, but rather from their contributed labor. Read more on … Read more