If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - antideficiency legislation

LSDefine

I feel like I'm in a constant state of 'motion to compel' more sleep.

✨ Enjoy an ad-free experience with LSD+

Definition of antideficiency legislation

Antideficiency legislation is a law that provides revenue to cover a budget deficiency or limits the rights of secured creditors to recover in excess of the security. For example, if a government agency spends more money than it has been allocated, antideficiency legislation can provide additional funds to cover the shortfall.

Another example of antideficiency legislation is a law that limits the amount of money that a creditor can recover from a debtor. This type of legislation is designed to protect debtors from being forced to pay more than they owe.

Overall, antideficiency legislation is important because it helps to ensure that government agencies and creditors do not exceed their budgets or take advantage of debtors.

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

Antideficiency legislation is a law that helps to cover a budget shortfall or limit the amount that secured creditors can recover. It's like a rule that says you can't spend more money than you have or take more than what you're owed. This law is important to make sure that the government or businesses don't run out of money and can keep operating.
anticontest clause | antideficiency statute Read a random term: emphyteutic

The only bar I passed this year serves drinks.

✨ Enjoy an ad-free experience with LSD+

The young man knows the rules, but the old man knows the exceptions.

✨ Enjoy an ad-free experience with LSD+