BENEFIT OF CESSION

Legal Dictionary -> BENEFIT OF CESSION

BENEFIT OF CESSION


BENEFIT OF CESSION, 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, Poth. Proced. Civ. 5@eme part., c. 2, Sec. 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 Bo. Insolvent.

Terms of Use | Canadian Lawyers