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Simple English definitions for legal terms

signatory authority

Read a random definition: protectorate

A quick definition of signatory authority:

Signatory authority refers to the permission given to someone to make important decisions, such as withdrawing money from a bank account or transferring ownership of something valuable. It can also refer to the power of an examiner to approve certain actions related to patents. Essentially, signatory authority is the ability to make important choices and take actions that have significant consequences.

A more thorough explanation:

Definition: Signatory authority refers to the permission given to an individual or entity to make decisions and take actions on behalf of a group or organization. This can include the ability to withdraw money from an account, transfer funds, or sign legal documents.

Examples:

  • A bank account may have multiple signatories, each with the authority to withdraw funds or make transactions.
  • In a business partnership, each partner may have signatory authority to sign contracts or make financial decisions.
  • A government agency may grant signatory authority to an individual to sign important documents or make decisions on behalf of the agency.

These examples illustrate how signatory authority can be granted to individuals or entities to act on behalf of a larger group or organization. It is important for those with signatory authority to use their power responsibly and in accordance with any applicable laws or regulations.

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thrifted a vintage burberry suit today and feeling unstoppable
Dkk
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Nice
glovediedthisishismom
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im in the field like a defensive lineman im always in saks 💯
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That's awesome
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real ones shop at bergdorf
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real ones shop at YMH
triplethread
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i missed another fordham wave
triplethread
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mamas getting denied
JumpySubsequentDolphin
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the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
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it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
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im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
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I shop at Joe
HopefullyInLawSchool
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Joe's
glovediedthisishismom
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i shop at tawget
glovediedthisishismom
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im dawk gawthic maga
triplethread
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i shop at giant eagle
ForDizzyDJoy
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How did i miss Fordham and American’s wave and I applied in september 🙃
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Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
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?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
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yak you will be fucking shit up at cornell this time next year dw
i love u
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love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
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