Definition of DEFECTIVE TITLE in Black's Law Dictionary 4th Edition – Legal dictionary – Glossary of legal terms.
Definition of DEFECTIVE TITLE
With respect to negotiable paper within Negotiable Instruments Law, the title of a person who obtains instrument or any signature thereto by fraud, duress, or force and fear, or other unlawful means, or for an illegal consideration, or when he negotiates it in breach of faith or under such circumstances as amount to fraud. Stevens v. Pierce, 79 Oki. 290, 193 P. 417, 18 A.L.R. 7; (fraud) German-American Nat. Bank v. Kelley, 183 Iowa, 269, 166 N.W. 1053; Commercial Security Co. v. Jack, 29 N.D. 67, 150 N.W. 460, 461.
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That's the definition of in Black's Law Dictionary 4th Edition – Legal dictionary – Glossary of legal terms. Courtesy of Cekhukum.com.
