escrow / surety bond signed conditionally
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 32 U.S. 435 - Abner Duncan's v. United States · 1833Most cited · 42 citing opinions
It is a principle of the common law, too well settled to be controverted, that where an instrument is delivered as an escrow, or where one surety has signed it, on condition that it shall be signed by another, before its delivery, no obligation is incurred, until the condition shall happen.