Law · Legal Information · Justice
 

Obligor

A person who is contractually or legally, committed or obliged, to providing something to another person (the obligee).

The recipient of the obligor's benefit is the obligee.

The person to whom the benefit of an obligation flows.

Also referred to as the promissor with the recipient, the promisee.

The person who binds himself, acting as a surety or giving security, for another's contractual obligation, by a bond, is referred to as an obligor.

The Louisianna Civil Code prefers the civil law word "obligation" to the common law term contract. In many ways, the terms are interchangeable.

In the Louisianna Code, obligation is defined as follows:

"An obligation is a legal relationship whereby a person, called the obligor, is bound to render a performance in favor of another, called the obligee.  Performance may consist of giving, doing, or not doing something."

In a contractual sense, an obligor is the debtor.

In Bouvier's 1856 (American) Law Dictionary, the term obligor is defined as follows:

"OBLIGOR or DEBTOR. The person who has engaged to perform some obligation. The word obligor, in its more technical signification, is applied to designate one who makes a bond."


Are we missing anything? If you think there is a term that should be included, please send us the suggestion

  • Dictionary
  • Resources
  • LawMag

Latest LagMag headlines:

H1N1 Law - Swine Law for a Swine Flu

In a state of public health law anarchy, professional hockey players receive a killer flu vaccine while infants and pregnant women wait.

The Death of the Common Law: Expiry date, 2100

Just about now, but for the economic might of the United States of America, the last funeral bell tolls of the common law would be fading.

Gretzky Law

The recent Phoenix Coyotes debacle, in which he left behind his job, is not the only time Wayne Gretzky has had to leave from the side exit of a courtroom.


Read earlier headlines »
Subscribe to stay in touch »

Unless otherwise noted, this article was written by Lloyd Duhaime, Barrister, Solicitor, Attorney and Lawyer (and Notary Public!). It is not intended to be legal advice and you would be foolhardy to rely on it in respect to any specific situation you or an acquaintance may be facing. In addition, the law changes rapidly and sometimes with little notice so from time to time, an article may not be up to date. Therefore, this is merely legal information designed to educate the reader. If you have a real situation, this information will serve as a good springboard to get legal advice from a lawyer.

top