The right of subrogation springing from an express agreement with a debtor that the security shall be kept alive for the benefit of the maker of the payment. See 168 111. 618, 61 Am. St. Rep. 146, 48 N. E. 161.
Definition of Conventional Subrogation
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Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
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Ballentine's Law Dictionary