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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
other relevant statutes which indicate the limits of the statute in question; legislative files of the executive branch, such as the governor or president; case law prior to the statute or following it that demonstrates the problems the legislature attempted to address by the bill
A bill is a proposal for a new law, or a proposal to substantially alter an existing law. [1] A bill does not become law until it has been passed by the legislature and, in most cases, approved by the executive. Bills are introduced in the legislature and are there discussed, debated on, and voted upon. Once a bill has been enacted into law by ...
For example, P. L. 111–5 (American Recovery and Reinvestment Act of 2009) was the fifth enacted public law of the 111th United States Congress. Public laws are also often abbreviated as Pub. L. No. X–Y. When the legislation of those two kinds are proposed, it is called public bill and private bill respectively.
A statute, which is a bill or law passed by the legislature, imposes obligations and rules on the people. Although legislature makes the Statute, it may be open to interpretation and have ambiguities. Statutory interpretation is the process of resolving those ambiguities and deciding how a particular bill or law will apply in a particular case.
Statutes are laws made by legislative bodies; they are distinguished from case law or precedent, which is decided by courts, regulations issued by government agencies, and oral or customary law. [1] [2] [better source needed] Statutes may originate with the legislative body of a country, state or province, county, or municipality.
By contrast, a non-positive law title is a title that has not been codified into federal law, and is instead merely an editorial compilation of individually enacted federal statutes. [ 15 ] By law, those titles of the United States Code that have not been enacted into positive law are " prima facie evidence" [ 16 ] of the law in effect.
First page of the 1804 original edition of the Napoleonic Code. A code of law, also called a law code or legal code, is a systematic collection of statutes.It is a type of legislation that purports to exhaustively cover a complete system of laws or a particular area of law as it existed at the time the code was enacted, by a process of codification. [1]
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