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Bookmark or Share- What is a Sunset Clause? - LawpathA sunset clause usually refers to a provision in legislation or a statement in a contract that limits the duration of the document’s effectiveness. In other words, it acts like an expiry date. In this article, we explain how a sunset clause works in the context of real property transactions. Purpose of a sunset clause.
- Sunset provision - WikipediaIn public policy, a sunset provision or sunset clause is a measure within a statute, regulation or other law that provides for the law to cease to be effective after a specified date, unless further legislative action is taken to extend it.
- Sunset Provisions: Understanding, Applications, and Real ...Sunset provisions, also known as sunset laws, are clauses in statutes or regulations that automatically expire on a specified date. This article explores the intricacies of sunset provisions, their advantages, disadvantages, and real-world examples.
- Sunset clause | Practical LawSunset clause. A clause which specifies a deadline (sometimes referred to as a long-stop date) on which the contract will automatically terminate if a condition precedent has not been satisfied or waived. This type of clause is used to protect one party from being bound to a commitment to the other party, that would otherwise be open-ended.
- Sunset law | Definition, Purpose & Examples | BritannicaSunset law, a legal provision that provides for the automatic termination of a government program, agency, or law on a certain date unless the legislature affirmatively acts to renew it. Sunset laws were widely promoted in the United States in the 1970s as reform measures to eliminate bloated and.
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