discharge of bill or note


discharge of bill or note
An expression with a dual aspect, meaning the discharge of the instrument itself and the discharge of the persons primarily and secondarily liable thereon. The NIL provides for discharge of the instrument by specified methods and for discharge of persons secondarily liable by specified methods. The Commercial Code takes a new approach to the concept of discharge. The Code generally does not speak of discharge of the instrument but of discharge of all parties and the discharge of any single party. The methods of discharge are collected and referred to in a single section. 11 Am J2d B & N § 901.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Discharge petition — A discharge petition is a means of bringing a bill out of committee and to the floor for consideration without a report from a Committee and usually without cooperation of the leadership. Discharge petitions are most often associated with the U.S …   Wikipedia

  • Bill Compton — William H. Bill Compton, Jr., MA (October 6, 1945, Rockford, Illinois – August 27, 2007) was a mental health advocate in California who attained national stature. After suffering a mental health crisis in 1989, he became heavily involved in self… …   Wikipedia

  • Judicial Procedures Reform Bill of 1937 — The Hughes Court, 1932–1937. Front row: Justices Brandeis and Van Devanter, Chief Justice Hughes, and Justices McReynolds and Sutherland. Back row: Justices Roberts, Butler, Stone, and Cardozo …   Wikipedia

  • Benjamin Miles "C-Note" Franklin — For other uses, see C Note. Benjamin Miles Franklin Prison Break character First appearance Pilot Last appearance …   Wikipedia

  • Buffalo Bill — Infobox Person name = William Frederick Cody image size = 200px caption = birth name = birth date = February 26, 1846 birth place = near Le Claire, Iowa, United States death date = dda|1917|1|10|1846|2|26 death place = Denver, Colorado, United… …   Wikipedia

  • Civil Rights Act of 1964 — Full title An act to enforce the constitutional right to vote, to confer jurisdiction upon the district courts of the United States of America to provide relief against discrimination in public accommodations, to authorize the Attorney General to …   Wikipedia

  • Gun laws in the United States (by state) — U.S. Firearms Legal Topics Assault weapons ban ATF Bureau Brady Handgun Violence Prevention Act Concealed carry in the U.S. Domestic Violence Offender Gun Ban …   Wikipedia

  • President of the United States — POTUS redirects here. For political talk radio, see P.O.T.U.S. (Sirius XM). For other uses, see President of the United States (disambiguation). For a list, see List of Presidents of the United States. President of the United States of America …   Wikipedia

  • Antarctica — /ant ahrk ti keuh, ahr ti /, n. the continent surrounding the South Pole: almost entirely covered by an ice sheet. ab. 5,000,000 sq. mi. (12,950,000 sq. km). Also called Antarctic Continent. * * * Antarctica Introduction Antarctica Background:… …   Universalium

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.