Legal Definition and Related Resources of Benefit of cession
Meaning of Benefit of cession
In 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. Pothier, Proced. Civ. 5eme part, c. 2, § 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 Bonorum;” “Insolvent.”
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This definition of Benefit Of Cession is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Benefit of Cession
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