effective date

effective date
The date at which a contract or statutory obligation commences. The effective date may be different than the date a contract is signed or a statute is enacted. For example, the effective date for the Copyright Act of 1976 is January 1, 1978.
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

effective date
For the purposes of stamp duty land tax, except as otherwise provided, the effective date of a land transaction is the date of completion (section 119, Finance Act 2003).
+ effective date
This term has a number of meanings. In the context of:
Bankruptcy: The date on which the obligations, duties and rights under a plan of reorganization take effect. It generally occurs after the bankruptcy court confirms the plan (See confirmation). Often there are one or more conditions precedent before the effective date can occur, such as the condition that the debtor obtain adequate exit financing.
Securities and capital markets: The date of the SEC order declaring the registration statement for a public offering to be effective, at which time the sale of securities to the public can commence.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

effective date
n. The date as of which a contract or other instrument, or a law, enters into force.

Webster's New World Law Dictionary. . 2000.

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  • effective date — the date on which a plan of reorganization is implemented. It usually occurs after all the conditions to a plan of reorganization have been satisfied (Glossary of Common Bankruptcy Terms) The date an agreement comes into force. (Dictionary of… …   Glossary of Bankruptcy

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