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obligor:
(16c)
1. Someone who has undertaken an obligation; a promisor or debtor. UCC § 9-102(a)(59).
2. Under the Uniform Interstate Family Support Act, any person who owes a duty of support.
3. Archaic. Someone who obliges another to do something; OBLIGEE (1). [1]
1. A promisor. One who has incurred an obligation to another. The person, natural or artificial, liable on a bond. Within the meaning of the Uniform Reciprocal Enforcement of Support Act: — any person owing a duty of support. Uniform Reciprocal Enforcement of Support Act § 2(g). [2]
1. The person who owes an obligation to another; a promisor. [3]
Specific Types of Obligors:
principal obligor – someone who is under a duty of indemnity.
joint obligor – person liable with one or more others on a negotiable instrument or a contract; a person liable on a joint obligation or a joint and several obligation. — aka coobligor.
References:
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6
[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine (James Arthur 1871-1949). Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning. ISBN 0-8273-4874-6.
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