What is ACCOMMODATED PARTY? Definition of ACCOMMODATED PARTY in Black's Law Dictionary
One to whom the credit of the accommodation party is loaned, and is not necessarily the payee, since the inquiry always is as to whom did the maker of the paper loan his credit as a matter of fact. Wilhoit v. Seavall, 121 Kan. 239, 246 P. 1013, 1015, 48 A.L.R. 1273; not third person who may receive advantage, State v. Banta, 148 Okl. 239, 299 P. 479, 483. First Nat. Bank v. Boxley, 129 Okl. 159, 264 P. 184, 186, 64 A.L.R. 588.
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ACCOMMODATION PARTY
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That's the definition of ACCOMMODATED PARTY in Black's Law Dictionary - Courtesy of Cekhukum.com.
