Examlex
Quik Development Corporation wants to convert farmland on the out-skirts of River City into residential and commercial property.The state restricts the conversion of farmland by subjecting development plans to the approval of State Development Agency.This is an exercise of the state's
Bankruptcy
A legal status of a person or entity that cannot repay debts owed to creditors, leading to legal proceedings to resolve the financial issues.
Patient Records
Patient records are detailed and confidential documents that contain the medical history, treatments, and health information of individuals under care.
Trustee
A person or firm that holds and administers property or assets for the benefit of a third party.
Exemption Provisions
Clauses in a contract or law that exclude certain situations or parties from the application of rules or penalties.
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