How is 'duly authorised' defined in a legal contract?
- Duly authorised means permitted by [organization] or by some person given permission on behalf of [organization]. Seen in 4 SEC filings
- Duly authorised means permitted by an individual or entity holding proper right or authority. Seen in 2 SEC filings
- Duly authorised means permitted in writing by a ruling authority or by some person given permission on that behalf by the ruling authority. Seen in 1 SEC filing
- Duly authorised means permitted by a written legal validation like a power of attorney, verified in accordance with certain laws or guidelines. Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
π€ has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Duly Authorised means sanctioned by relevant [organisation] or a person entitled on its behalf.
Relevant Contract Types
Relevant Circumstances
- Establishing business partnerships
- Licensing intellectual property
- Hiring employees
- Renting commercial property
- Selling goods or services
Relevant Sectors
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Genie Definition 2
- Duly Authorised means permitted under the specified [governing law] through documented verification.
Relevant Contract Types
Relevant Circumstances
- Handling confidential information
- Developing or distributing software
- Establishing distributor relationships
- Providing professional services
Relevant Sectors
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