Holiday
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Holiday
A day of recreation; a consecrated day; a day set apart for the suspension of business.
A legal holiday is a day set aside by statute for recreation, the cessation of work, or religious observance. It is a day that is legally designated as exempt from the conduct of all judicial proceedings, Service of Process, and the demand and protest of Commercial Paper. A prohibition against conducting public business transactions on holidays does not, however, have an effect upon private business. Private transactions will not, therefore, be invalidated solely because they are conducted on a holiday.
West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.