Post dating legal documents

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This is true because of the fact that most business and legal documents take some time to come together, requiring drafts and negotiation before finally being executed.

It is common for there to be days or weeks between agreeing to commercial terms and the official contract execution date.

For example, if a contract is signed in counterparts, the parties could potentially execute it on completely different dates.Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.Backdating contracts is a somewhat common practice.According to Section 6(2), the maximum allowed penalty in the event of an indictment is 10 years in prison.Decisions regarding the date that should be put on a document are likely to be something that has to be done on a regular basis in a practical business setting.

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