obligee

Defined in 8 dictionaries — U.S. Code, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Kinney (1893), Black's (1891), Abbott (1879)

United States Code

15 U.S.C. § 694A — as used in this part

The term “obligee” means (A) in the case of a bid bond, the person requesting bids for the performance of a contract, or (B) in the case of a payment bond or performance bond, the person who has contracted with a principal for the completion of the contract and to whom the obligation of the surety runs in the event of a breach by the principal of the conditions of a payment bond or performance bond.

46 U.S.C. § 53701 — in this chapter (3 versions over time)

Obligee.—The term "obligee" means the holder of an obligation.

Show all 2 definitions and how they changed over time

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The person In favor of whom an obligation is contracted.

Ballentine's Law Dictionary

James A. Ballentine · 1916

One to whom another is bound by an obligation.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

The persons in favor of whom some obligation is contracted, whether such obligation be to pay money or to do or not to do something. La.. Code, art. 3522, no. 11. Obligees are either several or joint. An obligee is several when the obligation is made to him alone; obligees are joint when the obligation is made to two or more; and in that event each is not a creditor for his separate share, unless the nature of the subsion. 2 Pothier, Obi., Evans ed. 50; Ilob. 172; Cro. Jac. 251. The words obligee and payee have been held to have a technical and definite meaning under an act relative to promissory nob's, bonds, etc., and apply only to notes, bonds, or bills whether given for the payment of money or for the performance of covenants and conditions, and not to mortgages; Hall v. Byrne, 1 Scam. (111.) 142.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The person in favor of whom some obligation is contracted, whether such obligation be to pay money or to do or not to do something. Code La. art. 3522, no. 1L The party to whom a bond is given.

A Law Dictionary and Glossary

George C. Kinney · 1893

' The party to whom another is bound; the party to whom abond is given.

A Dictionary of Law

Henry Campbell Black · 1891

The person in favor of whom some obligation is contracted, whether such obligation be to pay money or to da or not to do something. Code La. art. 3522, ne. 11. The party to whom a bond is given.

Dictionary of Terms and Phrases Used in American or English Jurisprudence

Benjamin Vaughan Abbott · 1879

The person to whom a bond or written obligation is made; the one entitled (primarily) to enforce it.