Revocable

(redirected from Revocability)
Also found in: Dictionary, Thesaurus.
Related to Revocability: scrutinisation

Revocable

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The law at issue may not have exactly been the rule of revocability, but it was similar in many relevant respects.
Except in circumstances requiring accountability or revocability, described below, pseudolDs and their certificates are unlinkable to the vehicle identification number (V1N) of the vehicle and to the personally identifiable information (personal information) of the vehicle owner.
1926)); Note, Revocability of a Gratuitous Assignment of Part of a Pecuniary Legacy, 39 Harv.
the protection that is provided by the inherent revocability of wills,
Efficiency" (1993) 40 UCLA L Rev 1587; John MacArthur Maguire & Philip Zimet, "Hobson's Choice and Similar Practices in Federal Taxation" (1935) 48 Harv L Rev 1281 at 128593; Edward Yorio, "The Revocability of Federal Tax Elections" (1975-1976) 44 Fordham L Rev 463.
As mentioned, states continue to be regarded as the exclusive depositories of general sovereignty, while the ultimate revocability of all sovereignty transfers from states to international organisations is guaranteed by the provisions found in the constituent instruments of international organisations that expressly preserve the sovereign right of member states to withdraw from the organisation.
[20.] Therefore, this Act is similar to UCP rules, in the part of revocability of the contract, under which a letter of credit is revocable unless it is explicitly stipulated that it is irrevocable.
10, 2002); see also Helvey & Stetson, supra note 124; Edward Yorio, The Revocability of Federal Tax Elections, 44 FORDHAM L.
Many of the 1979 Act's other fundamental provisions, such as the provisions governing the appointment of trustees, (42) the resignation and removal of trustees, (43) the modification and termination of the trust, (44) and the revocability of the trust, (45) as well as the provisions that empower the court to issue directions to the trustee (46) and allow the settlor or another to add to the trust property, (47) appear in the 1979 Act's second chapter, entitled "[A] trust under an instrument of Endowment." It is, thus, at best, unclear if they apply to trusts created in the other ways recognized by the 1979 Act--by contract or under statute.
However, as Pinto da Silva and Kitts (2006) show, decentralized management does not require complete privatization of the resource, but rather involves: 1) the establishment of a social contract for harvest privilege that addresses such details as eligibility, duration, and degree of revocability; 2) some form of self-organization on the part of the resource users; and 3) a collaborative system of data collection and research.