Valid Notes - Law Dictionary Search Results

this entry holographic will : a will written out in the hand of the testator and accepted as valid in many states provided it meets statutory requirements (as that no important parts have been altered or replaced … form regardless of the location of its execution or the assets, nationality, domicile, or residence of the testator NOTE: A properly executed international will is still subject to local probate laws; the validity deriving from adherence to

trust

which is not charitable and that names no specific beneficiary NOTE: An honorary trust may be upheld as valid where allowed by statute providing that its purpose (as for the care of an animal or grave) is … of such a relationship see also beneficiary, cestui que trust, corpus declaration of trust at declaration, principal, settlor NOTE: Trusts developed out of the old English use. The traditional requirements of a trust are a named beneficiary

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Indorsement

a back], anything written or printed upon the back of a deed or writing. The requisites of a valid indorsement of a bill of exchange, promissory note, or cheque, are laid down by the (English) Bills of … back of a deed or writing. The requisites of a valid indorsement of a bill of exchange, promissory note, or cheque, are laid down by the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c.

Holder in due course

to be a holder in due course, must not only have acquired the bill, note or cheque for valid consideration but should have acquired the cheque without having sufficient cause to believe that any defect existed in … Holder in due course is 'a holder who has taken a bill of exchange [cheque or note], complete and regular on the face of it,' under the following conditions, namely:- (a) That he became the

ancient

or more years NOTE: Things and esp. documents that are ancient benefit from a presumption that they are valid even though proof of their validity may be unavailable due to lapse of memory, absence of witnesses, or … a long past date ;specif : having had an uninterrupted existence of 20 to 30 or more years NOTE: Things and esp. documents that are ancient benefit from a presumption that they are valid even though proof

nullity

law of Louisiana : a nullity that can be cured by confirmation because the object involved is considered valid ;also : the quality or state of such a nullity NOTE: A contract that is a relative nullity … marriage is an absolute nullity "Louisiana Civil Code"] ;also : the quality or state of such a nullity NOTE: A marriage that is an absolute nullity does not have to be annulled to terminate its legal effects

release

the remainder of the debt] NOTE: A release may in some situations require consideration in order to be valid. A release of one joint obligor sometimes is considered to release all the obligors. 2 : an act … a right or claim that bars a cause of action [was a of the remainder of the debt] NOTE: A release may in some situations require consideration in order to be valid. A release of one joint

rape

will usually of a female or with a person who is beneath a certain age or incapable of valid consent because of mental illness, mental deficiency, intoxication, unconsciousness, or deception see also statutory rape NOTE: The common-law … incapable of valid consent because of mental illness, mental deficiency, intoxication, unconsciousness, or deception see also statutory rape NOTE: The common-law crime of rape involved a man having carnal knowledge of a woman not his wife through

idem sonans

misnomer NOTE: An idem sonans name allows a pleading or other document (as a warrant) to be considered valid despite the minor misspelling of a name or other misidentification of a party (as in identifying a corporation … names are not idem sonans "Johnson v. Estelle, 704 F.2d 232 (1983)"] [the idem sonans test] compare misnomer NOTE: An idem sonans name allows a pleading or other document (as a warrant) to be considered valid despite

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