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written contract (§26(c)(1))

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 326 U.S. 425 - Hercules Gasoline Co. v. Commissioner · 1945Most cited · 18 citing opinions

Section 26(c)(1) is confined to contracts made with creditors and does not extend to restrictions imposed within the body corporate. Section 26(c)(1) is limited to contracts involving ordinary obligations to creditors.