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LSDefine

Simple English definitions for legal terms

no-action letter

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A quick definition of no-action letter:

A no-action letter is a letter from a government agency that says they won't take action against someone if the facts they presented are true. People usually ask for these letters from the Securities and Exchange Commission (SEC) when they want to know if they can do something without getting in trouble, like selling stock or using certain marketing techniques.

No actus reus is a plea that a person makes when they say they didn't do a crime or that the harm caused by the crime wasn't their fault. It's like saying "I didn't do it" or "It wasn't my fault."

A more thorough explanation:

A no-action letter is a letter from a government agency that states that if the facts presented in a person's request for an agency ruling are accurate, the agency will not take any action against the person. This letter is typically requested from the Securities and Exchange Commission (SEC) on matters such as shareholder proposals, resales of stock, and marketing techniques.

Suppose a company wants to sell its stock to the public but is unsure if it complies with SEC regulations. The company can request a no-action letter from the SEC, which will review the facts presented and advise the agency not to take any action against the company if it is compliant.

No actus reus is a plea made by a criminal defendant who either denies involvement in a crime or argues that the harm suffered is too remote from the criminal act to be attributed to the defendant.

If a person is accused of stealing a car, but they can prove that they were out of the country at the time of the theft, they can plead no actus reus. This means that they did not commit the crime because they were not physically present when it occurred.

nixie | no arrival, no sale

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awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
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