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Stay legal definition of Stay
What is a stay in legal terms? - Avvo.com
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Stay legal definition of Stay
The act of temporarily stopping a judicial proceeding through the order of a court. A stay is a suspension of a case or a suspension of a particular proceeding within a case. A judge may grant a stay on the motion of a party to the case or issue a stay sua sponte, without the request of a party.
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Definition of STAY • Law Dictionary • TheLaw.com
Jul 12, 2014 · Legal definition for STAY: In practice. A stopping; the act of arresting a judicial proceeding, by the order of a court. Stay laws. Acts of the legislature prescribing a stay of …
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The legal definition of Stay is To stop; to suspend; also known as a stay of proceedings; when a law suit is suspended either indefinitely or until the occurrence of a condition imposed by the court.
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Legal Dictionary | Law.com
stay. n. a court-ordered short-term delay in judicial proceedings to give a losing defendant time to arrange for payment of the judgment or move out of the premises in an unlawful detainer case....
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Stay in legal definition of stay in
A stay is a suspension of a case or a suspension of a particular proceeding within a case. A judge may grant a stay on the motion of a party to the case or issue a stay sua sponte, without the request of a party. Courts will grant a stay in a case when it is necessary to secure the rights of a party. There are two main types of stays: a stay of execution and a stay of proceedings.
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Stay of Proceedings | Wex | US Law | LII / Legal ...
A ruling by a court to stop or suspend a proceeding or trial temporarily or indefinitely. A court may later lift the stay and continue the proceeding. Some stays are automatic, but others are up to judicial discretion. Usually, the pendency of an appeal usually stays proceedings in the court below. In Long v.
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Black's Law Dictionary - Free Online Legal Dictionary
Black's Law Dictionary is America's most trusted law dictionary online. Black's Law Dictionary (2nd ed) is free to use online for your legal dictionary needs. ... Stay Current on Legal News Follow @blackslawonline. Disclaimer. Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary ...
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n. the maximum amount a person participating in a business can lose or be charged in case of claims against the company or its bankruptcy. A stockholder in a corporation can only lose his/her investment, and a limited partner can only lose his/her investment, but a general partner can be responsible for all the debts of the partnership. Parties to a contract can limit the amount each might owe the other, but …
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What does the legal term stay mean?
A stay in legal terms means the matter is held in abeyance, or delayed, until the passage of another event. In the simplest of terms, it's a legal proceeding's time out.
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What is a stay law?
Stay Law. The Stay Law is a piece of legislation that gives debtors extra time to pay their creditors before their property is seized for payment. Several states passed such a law, beginning in the years of economic upheaval after the American Revolution and continuing through much of the nineteenth century.
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What does relief from stay mean in legal terms?
A Relief from Automatic Stay is a formal request that is made by a creditor to the court in order to allow the creditor to begin or resume collecting payments directly from the debtor that filed bankruptcy. After a bankruptcy is finalized the only way a creditor can collect against a bankrupt individual is with the specific permission of the court.
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What is the legal definition of stayed?
Stay Law and Legal Definition. In the legal context, a stay is a court order preventing further action until a future event occurs, or the order is lifted. A stay of execution prevent someone from having the death penalty carried out for a specified period of time.
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