Benefit Of Cession

Benefit Of Cession in United States

Benefit Of Cession Definition

In civil law. The release of a debtor from future imprisonment for his debts, which the law operates in his favor upon the surrender of his property for the benefit of his creditors. Pothier, Proced. Civ. 5eme part, c. 2, § 1. This was something like a discharge under the insolvent laws, which releases the person of the debtor, but not the goods he may acquire afterwards. See “Bankrupt;” “Cessio Bonorum;” “Insolvent.”

Benefit Of Cession in Foreign Legal Encyclopedias

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Legal Issue for Attorneys

In civil law. The release of a debtor from future imprisonment for his debts, which the law operates in his favor upon the surrender of his property for the benefit of his creditors. Pothier, Proced. Civ. 5eme part, c. 2, § 1. This was something like a discharge under the insolvent laws, which releases the person of the debtor, but not the goods he may acquire afterwards. See “Bankrupt;” “Cessio Bonorum;” “Insolvent.”

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This definition of Benefit Of Cession is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.


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