The criteria for novation comprise the obligee's acceptance of the new obligor, the new obligor's acceptance of the liability, and the old obligor's acceptance of the new contract as full performance of the old contract.
32.
Regarding families formerly on assistance, current support is paid to the family first, and only after said support is received, the government may then collect additional payments to reimburse itself for previously paid assistance to the obligee ( receiving parent ).
33.
The amendments involved two important changes to URESA . First, the amendments sought to correct a problem created by URESA where the responding court would only have evidence from the obligor and not have any evidence from the initiating state or the obligee.
34.
The person to whom the guarantee is given is the creditor or the " obligee "; while the person whose payment or performance is secured thereby is termed " the obligor ", " the principal debtor ", or simply " the principal ".
35.
A "'penal bond "'is a written instrument executed between an obligor and an obligee designed to secure the performance of a legal obligation through the " in terrorem " effect of the threat of a penalty for nonperformance.
36.
In some jurisdictions where there is joint custody, the child is considered to have two custodial parents and no non-custodial parents, and a custodial parent with a higher income ( obligor ) may be required to pay the other custodial parent ( obligee ).
37.
They pay out cash to the limit of guaranty in the event of the default of the Principal to uphold his obligations to the Obligee, without reference by the Obligee to the Principal and against the Obligee's sole verified statement of claim to the bank.
38.
They pay out cash to the limit of guaranty in the event of the default of the Principal to uphold his obligations to the Obligee, without reference by the Obligee to the Principal and against the Obligee's sole verified statement of claim to the bank.
39.
They pay out cash to the limit of guaranty in the event of the default of the Principal to uphold his obligations to the Obligee, without reference by the Obligee to the Principal and against the Obligee's sole verified statement of claim to the bank.
40.
The responding court with one-sided representation would hold for the obligor; thus, the result would not serve the purpose of URESA . The Commission s solution was to amend URESA so that the initiating state and the obligee would provide evidence to be sent to the responding court along with the case file.
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