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The word arrears is used to mean "past due" when describing the past, omitted dividends on cumulative preferred stock. If a corporation fails to declare the preferred dividend, those dividends are said to be in arrears. The dividends in arrears must be disclosed in the notes (footnotes) to the financial statements.
An illustration fine slip from A Library Primer (1899). Library fines, also known as overdue fines, late fees, or overdue fees, are small daily or weekly fees that libraries in many countries charge borrowers after a book or other borrowed item is kept past its due date.
Mar. 19—The city of McAlester is getting ready to reinstate 10-day past-due notices and fees on utility bills. City councilors voted one year ago, on March 17, 2020, to approve a resolution ...
If you still haven’t paid by the end of the grace period, however (usually 10 to 15 days), your mortgage lender has sent you past-due notices or you’re multiple mortgage payments behind, you ...
It’s also common for immediate family members to continue receiving past due notices related to medical debt, even if they aren’t legally responsible for paying those bills. If that’s the ...
The Loudermill letter fulfills the requirement of (written) notice, and should include an explanation of the employer's evidence ("to act as a check for mistaken accusations"). To fulfill the remaining Due Process requirements, a Loudermill letter will also have to inform the employee of his opportunity for a Loudermill hearing .
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