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The National Association grants to its member boards a license to use the term .... Board Legal Counsel should specifically review the dues provision of the ... The criteria and each explanatory note
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Approved by legal counsel refers to any document, decision, or action that has been reviewed and given the legal approval or authorization by a company's legal advisor or legal department.
Typically, employees or representatives of a company who are responsible for making decisions or taking actions that require legal approval are required to file documents that have been approved by legal counsel.
To fill out a document that has been approved by legal counsel, individuals should clearly indicate the approval by stating the name of the legal counsel, the date of approval, and any specific conditions or limitations outlined by legal counsel.
The purpose of having documents approved by legal counsel is to ensure that legal risks are identified and mitigated, that decisions are made in compliance with laws and regulations, and to provide legal protection to the company.
Information that must be included when reporting documents approved by legal counsel may vary depending on the nature of the document, but typically includes the name of the legal counsel who provided approval, the date of approval, and any specific instructions or conditions.
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