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Joint bond

Ballentine's Law Dictionary · James A. Ballentine · 1916

Ballentine's Law Dictionary

A bond in which the obligors are only liable in combination and not severally.

See 25 R. I. 289, 105 Am. St. Rep. 890, 63 L. R. A. (R. I.) 235, 55 Atl. 750.