Simple English definitions for legal terms
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Registration is the act of signing up or enrolling for something. It can be used for things like voting, where you need to register to be able to vote in an election. It can also be used for criminal registration, where someone who has committed a crime needs to register their name with the police. In the world of finance, registration is the process of preparing to sell a new security to the public. Shelf registration is a type of registration where securities are registered but not sold until a later date.
Definition: The act of recording or enrolling.
Example: The county clerk handles registration of voters.
Explanation: This means that the county clerk is responsible for keeping a record of people who are eligible to vote in a particular area. This is important for ensuring that only eligible voters are allowed to vote in an election.
Criminal registration: The requirement in some communities that any felon who spends any time in the community must register his or her name with the police. Since the late 1980s, many states have adopted strict registration laws for convicted sex offenders.
Example: A convicted sex offender must register with the police in the community where they live.
Explanation: This means that the convicted sex offender must provide their name and other personal information to the police so that they can keep track of them and ensure that they are not committing any further crimes.
Special registration: Voter registration for a particular election only.
Example: People who want to vote in the upcoming presidential election must register to vote before the deadline.
Explanation: This means that people who want to vote in the presidential election must provide their personal information to the appropriate authorities before a certain date in order to be eligible to vote.
Securities registration: The complete process of preparing to sell a newly issued security to the public.
Example: A company is preparing to sell shares of stock to the public for the first time and must go through the registration process with the Securities and Exchange Commission (SEC).
Explanation: This means that the company must provide detailed information about the stock they are selling to the SEC so that potential investors can make informed decisions about whether or not to invest in the company.
Shelf registration: Registration with the SEC of securities to be sold over time, the purpose being to avoid the delays and market uncertainties of individual registration.
Example: A company files a shelf registration statement with the SEC for a debt offering, but decides to wait for a better time to release the offering.
Explanation: This means that the company has prepared to sell the securities, but has not yet released them to the public. This allows the company to avoid delays and market uncertainties that can occur with individual registration.
registrar of deeds | registration and community-notification law