quasi contractual
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 300 U.S. 598 - Brown v. O'Keefe · 1937Most cited · 403 citing opinions
A liability upon quasi contract is one upon an 'implied contract.' The liability of a national bank shareholder, created though it is by statute, is quasi contractual in its origin and basis; it is an incident affixed by law to the contract of membership between shareholder and bank.