Anti-indemnity Statute,

What Does Anti-indemnity Statute Mean?

You can define Anti-indemnity Statute as, A law that defines the extent to which legal liability can be transferred from one party to another. Exclusion rules may prohibit transfer of liability for negligence of transfer or, if this is not the case, transfer of liability only for negligence of transfer. In some states, lawsuits against compensation also limit the contracting party's ability to claim additional insurance status under the other party's insurance policy. Anti-offset laws are most often used to regulate the risk transfer provisions of construction contracts.

Literal Meanings of Anti-indemnity Statute

Anti:

Meanings of Anti:
  1. Through

  2. A person who opposes a particular policy, activity or idea.

  3. Through

Sentences of Anti
  1. I am against alcoholism and its side effects.

  2. Anti-devil squad that has damaged your game

  3. Neither side in the debate presented a particularly convincing argument for or against it.

Synonyms of Anti

contra, hostile to, in opposition to, opposed to, antagonistic towards, averse, antagonistic, averse to, opposed, at odds with, inimical to, hostile, resistant to, unsympathetic, in disagreement with, ill-disposed, unsympathetic to

Indemnity:

Meanings of Indemnity:
  1. Security or protection from loss or other financial burden.

Sentences of Indemnity
  1. Money loss is not compensated

Synonyms of Indemnity

insurance, safeguard, guarantee, protection, security, indemnification, surety, endorsement, warranty

Statute:

Meanings of Statute:
  1. Written law passed by the legislature.

Sentences of Statute
  1. Violation of hate crime law

Synonyms of Statute

command, dictum, ruling, by-law, pronouncement, demand, motion, diktat, dictate, commandment, act, ratification, directive, fiat, rule, regulation, resolution, covenant, order, decree, proclamation

Anti-indemnity Statute,

Anti-indemnity Statute: What is the Meaning of Anti-indemnity Statute?

  • The definition of Anti-indemnity Statute is: A law that sets the level of legal status that one party can transfer to another party to the agreement. Extraordinary laws may prohibit the transfer of responsibility assigned to negligence or, if not, transfer of the responsibility assigned only to negligence. In some states, anti-compensation laws also limit the contracting party's eligibility to apply for additional coverage status under the other party's insurance policy. Anti-offset laws are often used to regulate the risk transfer provisions of construction contracts.

Literal Meanings of Anti-indemnity Statute

Anti:

Meanings of Anti:
  1. To fight against.

  2. Antiparticles of certain particles.

Sentences of Anti
  1. I am against alcoholism and the harm that comes with it.

  2. The threat against field sports is very serious.

Indemnity:

Synonyms of Indemnity

assurance

Statute:

Sentences of Statute
  1. The law sets out the rules for dealing with non-lethal crimes.

Synonyms of Statute

enactment, pronunciamento, ukase, bill, ordinance, stipulation, promulgation, measure, edict