What is CLAIM BOND? Definition of CLAIM BOND in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
A bond primarily in the nature of a forthcoming bond. Liability can be based thereon when the court adjudges the failure of the claimant in trial of right of property to establish his right to it. Sanders v. Farrier, Tex.Civ. App., 271 S.W. 293, 298.
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That's the definition of CLAIM BOND in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
