Right of payer for honour: payer acquires holder's rights and may recover sums paid with interest and expenses. A person who pays a bill for another's honour is entitled to all rights of the holder at the time of payment and may recover from the party for whose honour payment was made all sums so paid, with interest thereon and with all expenses properly incurred in making such payment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Right of payer for honour: payer acquires holder's rights and may recover sums paid with interest and expenses.
A person who pays a bill for another's honour is entitled to all rights of the holder at the time of payment and may recover from the party for whose honour payment was made all sums so paid, with interest thereon and with all expenses properly incurred in making such payment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
