Backdated Agreement Definition

A retroactive document to achieve a more favorable legal outcome is probably also illegal. For example, when a document is signed in January, but it is dated to December to get some tax benefit, it is likely illegal and may be criminal. In French law, section 1 of the Counterfeiting and Counterfeiting Act 1981 states that a person may be convicted of counterfeiting if he manufactures a bogus instrument, with the intention of using it to convince another person that it is real. This may lead the person accepting the instrument (in this case a retroactive document) to do something or not to do so, based on the assumption that the instrument is genuine. The million-dollar bill I prepared for this client to deliver to his benefactor, retroactive to the actual date of transfer of the funds, was legal. It was created to document or recall an earlier oral agreement on the repayment of funds…

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