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LSDefine

Simple English definitions for legal terms

SEC

Read a random definition: interposition

A quick definition of SEC:

SEC: The Securities and Exchange Commission is a government agency that helps protect investors and maintain fair and orderly markets. It makes sure that companies follow rules when they sell stocks and other investments to the public.

Section: A section is a part of a legal document or a piece of land. In the United States, a section of land is usually 640 acres, which is like having 640 big football fields all together. Half a section is 320 acres, and a quarter section is 160 acres. These are important measurements for people who own or buy land.

A more thorough explanation:

Definition: SEC stands for Securities and Exchange Commission. It is a government agency that regulates the securities industry, including stock exchanges, brokerage firms, and investment companies.

Definition: A section is a distinct part or division of a legal document or writing. It is often abbreviated as §, sec., or s.

Example: In a contract, there may be different sections that cover topics such as payment, delivery, and warranties. Each section is numbered and labeled for easy reference.

Definition: A section of land is a piece of land containing 640 acres, or one square mile. It is a traditional unit of measurement for public lands in the United States.

Example: A farmer may own several sections of land for growing crops or raising livestock. Each section is divided into smaller parcels for cultivation or grazing.

Definition: A half section is a piece of land containing 320 acres, laid off either by a north-south or by an east-west line. It is half of a section of land.

Example: A developer may purchase a half section of land to build a housing development or commercial complex. The land is surveyed and divided into lots for construction.

Definition: A quarter section is a piece of land containing 160 acres, laid off by a north-south or east-west line. It is one quarter of a section of land, and was formerly the amount usually granted to a homesteader.

Example: A family may own a quarter section of land for a small farm or ranch. The land is used for growing crops, raising animals, or other agricultural purposes.

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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