legal capital

Legal capital

Value at which a company's shares are recorded in its books.

Legal Capital

The par value of all of a company's shares outstanding. Legal capital may not be distributed as dividends, or as anything else. It is also called stated capital.

legal capital

Capital that by law or resolution must remain within a firm and that is restricted for purposes of dividends or other distributions. Legal capital is generally equal to the par or stated value of all outstanding stock. Also called stated capital.
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In the OIC, its chair, Turkish President Recep Erdogan, had a mouthful for Trump; a resolution was also passed demanding that the United States recall its announcement; disqualifying the United States as a peace mediator in the Israeli-Palestinian conflict; renewing support for the Palestinian cause; and declaring Jerusalem the historical and legal capital of Palestine.
According to Justine Bagyenda, the Bank of Uganda's director of bank supervision, Crane Bank was operat- ing with less than half the legal capital requirement.
Allahabad is known to be the Legal Capital of the world as it hosts the largest Courtroom in the world.
Comparing textiles to the more secure copyright protection that Ghanaian musicians enjoy under Ghanaian copyright law, she demonstrates that different forms of social, cultural, and legal capital are treated differently under intellectual property law.
I call on the Dutch government to do so, also in the light of the Netherlands' role and reputation as Legal Capital of the World.
The Italian lender will establish its first branch in Turkey with a starting share capital equivalent to USD 300 million, the minimum necessary legal capital for starting a banking business in Turkey.
Central banks calculate all banks' CAR to ensure that it can absorb sizeable losses, while keeping up with the legal capital requirements, stipulated by the regulator.
29) Unlike the legal capital, which must be maintained permanently, the transnational elements only have to be satisfied at the time of the formation of the SE and can be given up immediately afterwards.
Talking on SAMA's perspective in implementing Basel III, Al-Hamidy pointed out that Saudi Control Law (BCL) already provides for a clear definition of capital and also provides for legal capital, liquidity and leverage ratios and limits on large exposures.
Dezalay (emeritus, Centre National de la Recherche Scientifique, France) and Garth (law, Southwestern Law School, US) present 12 papers that explore the role of lawyers "as brokers who constantly renegotiate the interchange between social relations and what is considered to be law" by converting social, political, and economic capital into legal processes and simultaneously mobilizing legal capital in social and economic interactions.
Bayless Manning, A CONCISE TEXTBOOK ON LEGAL CAPITAL (lst ed.
By nefarious means he became an apprentice lawyer in a prestigious firm in 'the legal capital of the Globe', Wither City--could this be the City of London* He conned the senior partner, convincing him that he was a most conscientious and dedicated student; another partner, Mr Montgomery Schmidt, however, was one of the few people who could see right through him.