Bailor

Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Related to Bailor: bailee, bailer

Bailor

In law, a person or company that temporarily gives possession of its property to another party. Unlike a lessor, a bailor does not allow the other party (called a bailee) to use the property in question. See also: Bailment.

Mentioned in ?

References in periodicals archive ?

There is no exchange, and title remains with the bailor. A paper credit, by contrast, arises out of an exchange.

Rothbard on fractional reserve banking: a critique

(140) Here, the individual bailor, e.g., a couple with fertility problems, deposits their biological tissue, e.g., fertilized preembryos, with a bailee, e.g., a fertility clinic, for safe keeping until the need for the tissue arises.

Towards a public human tissue trust

Coggs is of course a long way from the converse situation of commodatum, or loan for use, where goods are lent for the benefit of the bailee, rather than stored for the benefit of the bailor. Commodatum typically requires a higher level of care, even if the bailor knows of the defendant's personal foibles and shortfalls.

The many faces of fault in contract law: or how to do economics right, without really trying

Proving that the painting was "consumer goods" might aid Susan's claim to the painting because the comments to section 9-102(a) note that the section excluded goods valued at less than $1,000 and "consumer goods" from the ambit of Article 9 because in these cases "filing would be inappropriate or of insufficient benefit to justify the costs." (141) Instead of Article 9, applicable bailment law regulates these transactions, (142) and Susan would have strong arguments as a bailor that she is entitled to the Picasso.

A picture imperfect: the rights of art consignor-collectors when their art dealer files for bankruptcy

He and his wife of 49 years, the former Bertha Bailor were married May 1, 1954.

Burton G. Perch 1925 - 2008

Ordinarily a bailment is created by agreement, resulting in a consensual delivery of goods in trust by one party (the bailor) to another (the bailee), who holds them for a certain purpose upon a contract expressed or implied.

New sightings of Christopher Marlowe in London

(35) The person who delivers the property is the bailor; the person to whom it is delivered is the bailee.

Those calves are mine: toward a Uniform Commercial Code definition of "rights in the collateral"

The person transferring possession of the property is called the bailor; the person receiving possession is the bailee.

Chapter 8 Protecting patrons' property

Speaking of search-engine results, searches for "Coreen Bailor" may no longer direct you only to www.destinationCRM.com, as she's gone and accepted a position elsewhere.

The dark side of the search engine: will a sage oracle sap your nice salesforce?

"Bailment" is a delivery of goods by the owner (the bailor) to another party (the bailee) for some express purpose, after the fulfillment of which the bailee must return the goods to the bailor or dispose of them according to the bailor's instructions.

The ABCs of legal issues encountered by credit professionals

Legal Basis for Contract/Bailment-- Trust/Fiduciary--A Relationship Bailment refers to the fiduciary relationship transfer of possession has three features: (1) of UBC by the "bailor" the fiduciary has scope to another person (the for the exercise of some "bailee") for some discretion or power; (2) temporary purpose (e.g.

Public meets private: challenges for informed consent and umbilical cord blood banking in Canada

Up stepped Bob Bailor, who had been Harlow's roommate for a half dozen years in the Baltimore organization.

The night Elrod pitched

CITE

Site: Follow: Share:

Open / Close