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LSDefine

Simple English definitions for legal terms

legal list

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A quick definition of legal list:

Legal List: A group of investments that banks and insurance companies are allowed to invest in according to state laws. These investments are usually low-risk and meet certain requirements set by the state. Another term for legal list is approved list or legal investments.

Legally: Doing something in a way that follows the law.

Legally Determined: When a claim or issue is decided by a legal process, such as a court case.

A more thorough explanation:

A legal list is a group of investments that institutions and fiduciaries, such as banks and insurance companies, are allowed to invest in according to state statutes. These investments are considered low-risk and meet certain specifications set by the state.

For example, a state may have a legal list that includes government bonds, municipal bonds, and certain types of corporate bonds. These investments are considered safe and stable, making them suitable for institutions and fiduciaries to invest in.

The legal list is also known as the approved list or legal investments. It is important for institutions and fiduciaries to follow the legal list when making investments to ensure they are complying with state laws and regulations.

legal life tenant | legally incapacitated person

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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