Define: Ordinis Beneficium

Ordinis Beneficium
Ordinis Beneficium
Quick Summary of Ordinis Beneficium

The term “Ordinis beneficium” refers to “the benefit of order” in legal terms. It grants a privilege to a surety, who is someone that guarantees payment of a debt if the debtor is unable to do so. This privilege mandates that the creditor must attempt to collect the debt from the assets of the principal debtor before pursuing the surety. This provision safeguards the surety from being held liable for the debt if the principal debtor possesses sufficient assets to settle it.

Full Definition Of Ordinis Beneficium

Ordinis beneficium, a Latin term meaning “the benefit of order,” is a legal protection for sureties in civil law. It requires creditors to first attempt to collect payment from the principal debtor’s assets before seeking payment from the surety. A surety is someone who agrees to be responsible for another person’s debt or obligation. This protection is important because it prevents sureties from being unfairly burdened with debts they may not be able to pay. For example, if John borrows $10,000 from a bank and Jane acts as his surety, the bank must first try to collect the debt from John’s assets before pursuing Jane for payment if she invokes the ordinis beneficium. This ensures that Jane is not held liable for a debt she did not incur and cannot afford to pay.

Ordinis Beneficium FAQ'S

Ordinis Beneficium is a Latin term that translates to “benefit of the order.” It refers to a legal principle that grants certain privileges or benefits to members of a specific order or organisation.

Eligibility for Ordinis Beneficium depends on the specific order or organisation in question. Generally, it is granted to individuals who are members or have a certain level of affiliation with the order.

The benefits of Ordinis Beneficium can vary widely depending on the order. They may include access to exclusive resources, financial assistance, legal protections, or preferential treatment in certain situations.

The process of becoming a member of an order to receive Ordinis Beneficium typically involves meeting specific criteria set by the order. This may include fulfilling certain qualifications, undergoing a selection process, or being nominated by existing members.

Yes, Ordinis Beneficium can be revoked if the recipient no longer meets the requirements or violates the rules and regulations of the order. Revocation can also occur if the order itself is dissolved or undergoes significant changes.

The legal obligations associated with Ordinis Beneficium depend on the specific order and the terms of the benefits granted. Recipients may be required to adhere to certain codes of conduct, contribute to the order’s activities, or fulfill specific duties.

Ordinis Beneficium is typically reserved for members of a specific order or organisation. Non-members generally do not have access to the benefits associated with Ordinis Beneficium.

The transferability or inheritability of Ordinis Beneficium depends on the rules and regulations of the order. Some orders may allow for the transfer or inheritance of benefits, while others may not.

The availability of legal remedies for being denied Ordinis Beneficium depends on the specific circumstances and applicable laws. It is advisable to consult with a legal professional to understand the options available in such situations.

In certain cases, an order may be held legally responsible for its actions or decisions related to Ordinis Beneficium. This can occur if the order breaches a contractual obligation, discriminates against a protected class, or engages in fraudulent or illegal activities.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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