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Nov 21, 2020 · A safe harbor is a legal provision to sidestep or eliminate legal or regulatory liability in certain situations, provided that certain conditions are met. The phrase...
Safe harbour is a provision in a law, regulation or agreement that affords protection from penalty, liability or oversight under certain circumstances.
The meaning of SAFE HARBOR is something (as a statutory or regulatory provision) that provides protection (as from a penalty or liability). How to use safe harbor in a sentence.
A safe harbor is a provision of a statute or a regulation that specifies that certain conduct will be deemed not to violate a given rule. It is usually found in connection with a more-vague, overall standard.
Feb 24, 2021 · A safe harbor is a provision in a law that affords protection from liability or penalty when certain conditions are met. The safe harbor concept is used in several areas of law, including taxation, such as the provision for a Safe Harbor 401(k).
LAW. a rule that protects a company from being legally responsible for the results of actions that it took or statements that it made believing them to be right: Does the safe harbor apply to all small businesses that provide disclosures voluntarily?
May 21, 2024 · Safe harbour refers to a legal provision that shields an individual or entity in certain circumstances from being held liable or penalized for activities that go wrong. It gives business executives and managers the freedom to make decisions without fear of being held accountable in the future.
