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I object!... to how much coffee I need to function during finals.
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Legal Definitions - record date
The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Definition of record date
Definition: The date on which a stockholder must own shares to be entitled to vote or receive a dividend.
Example: If a company declares a dividend on May 1st, the record date might be set for May 15th. This means that shareholders who own the stock on May 15th will be eligible to receive the dividend.
Explanation: The record date is important because it determines which shareholders are eligible to receive a dividend or vote on company matters. Shareholders who own the stock on or before the record date are considered "shareholders of record" and are entitled to these benefits. The record date is set by the company's board of directors and is usually a few weeks after the dividend is declared.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
A record date is a specific date set by a company for shareholders to be eligible to receive dividends or vote on important matters. It is also known as the date of record. If you own shares in a company on or before the record date, you are entitled to receive dividends or vote on important matters. The record date is important because it helps the company determine who is eligible to receive dividends or vote on important matters.
It's every lawyer's dream to help shape the law, not just react to it.
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