Online Encyclopedia

CESSIO BONORUM (Latin for a " surrend...

Online Encyclopedia
Originally appearing in Volume V05, Page 768 of the 1911 Encyclopedia Britannica.
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CESSIO BONORUM (Latin for a " surrender of goods ")  , in

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Roman law, a voluntary surrender of goods by a debtor to his creditors . It did not amount to a discharge unless the
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property ceded was sufficient for the purpose, but it secured the debtor from
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personal arrest . The creditors sold the goods in satisfaction,
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pro tanto, of their claims . The procedure of cessio bonorum avoided infamy, and the debtor, though his after-acquired property might be proceeded against, could not be deprived of the
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bare necessaries of
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life . The main features of the Roman law of cessio bonorum were adopted in Scots law, and also in the French legal
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system .

End of Article: CESSIO BONORUM (Latin for a " surrender of goods ")
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