SOLIDO definition

SOLIDO





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From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  SOLIDO, IN, civil law. In solido, is a term used to designate those 
  contracts in which the obligors are bound, jointly and severally, or in 
  which several obligees are each entitled to demand the whole of what is due. 
       2.-1. There is an obligation in solido on the part of debtors, when 
  they are all obliged to the same thing, so that each may be compelled to pay 
  the whole, and when the payment which is made by one of them, exonerates the 


  others towards the creditor. 
       3.-2. The obligation is in solido, or joint and several between several 
  creditors, when the title expressly gives to each of them the right of 
  demanding payment of the total of what is due, and when the payment to any 
  one of them discharges the debtor. Civ. Code of La. 2083,2086; Merl. Repert. 
  h.t.; Domat, Index, h.t. See In solido. 
  
  

















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