Several Obligation Law and Legal Definition
A several obligation is one by which one individual or several individuals bind themselves separately to perform the engagement. In this case each obligor may be sued separately, and if one or more be dead, their respective executors may be sued. Several obligation binds different obligors to separate performances for one oblige. It can also be any of the obligations binding an obligor to separate performances for different obliges.
The following is an example of a case law (Louisiana) on several obligation:
Where there is more than one obligor or obligee named in a contract, the obligation created may be either several or joint or in solido, both as regards the obligor and the obligee.La. Civ. Code Ann. art. 2077. As to an obligor, several obligations are produced, when what is promised by one of the obligors, is not promised by the other, but each one promises separately for himself to do a distinct act; such obligations, although they may be contained in the same contract, are considered as much individual and distinct as if they had been in different contracts, and made at different times. La. Civ. Code Ann. art. 2078. [Travelers Ins. Co. v. Acme General Contractors, Inc., 152 So. 2d 642 (La.App. 2 Cir. 1963)]
Legal Definition list
Related Legal Terms
- Alternative Obligation
- Bargaining Obligation Dispute [Administrative Personnel]
- Collateralized Mortgage Obligation
- Covered Clearing Obligation
- Covered Contractual Payment Obligation
- Delictal Obligations
- Direct Loan Obligation
- Doctrine of Obligation
- Domestic Support Obligation ( Bankruptcy)
- Eligible Obligation
