Post Obit - Law Dictionary Search Results
Post-obit Bond
Post-obit Bond. A bond, conditioned to be void on the payment … one from whom the obligor expects to derive some property. Post-obit bonds, and other securities of a like nature, are set
Bond
if such parts are separable. There are two kinds of post obit bonds: (1) Where the sum secured is greater than the … payment being contingent only. See EXPECTANT HEIRS; MONEY -- LENDERS; POST OBIT BOND; USURERS. Bonds to procure marriage (or marriage brokage bonds),
Post obit
A bond in which the obligor in consideration of having received a certain sum of money binds himself to pay...
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