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LSDefine
Simple English definitions for legal terms
noting protest
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A quick definition of noting protest:
Noting protest is a written statement made by a notary public when a negotiable instrument, like a check, was not paid or accepted. It includes the notary's initials, date, and the reason for the dishonor, such as "no effects" or "no account." This is done to help the notary remember and should be done on the same day as the dishonor. It can also refer to a formal statement disputing a debt's legality while agreeing to make payment, a taxpayer's statement that they are paying a tax unwillingly because they believe it to be invalid, or a formal communication objecting to conduct or a claim that violates international law.
A more thorough explanation:
Definition: Noting protest is a formal statement or action expressing dissent or disapproval. It can also refer to a notary public's written statement that a negotiable instrument was neither paid nor accepted.
Examples:
- A group of citizens gathered outside City Hall to protest the proposed budget cuts.
- When a check is returned unpaid, a notary public may make a noting protest to record the dishonor of the instrument.
- A company may make a payment under protest while disputing the legality or validity of a debt.
The examples illustrate how noting protest can be used in different contexts. In the first example, citizens are using their right to protest to express their disagreement with a government decision. In the second example, a notary public is making a noting protest to record the dishonor of a negotiable instrument. In the third example, a company is making a payment under protest while disputing the legality or validity of a debt.