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Generally, full payment to any of the solidary obligees extinguishes the obligation. A common example of solidary obligations for the obligees is a joint bank account; when two or more names are on an account, they are obligees of the bank's obligation to make funds available on demand.
In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...
By the early 1930s, at the midst of the Great Depression, after the stock market crash and drought in the state, Arkansas had a catastrophic ratio of debt payments to income. [1] The total debt was more than $160 million and the state's annual payments grew unsustainable. [1] Some historians estimated that the state owed half its annual revenue ...
‘This is the worst debt I’ve ever seen’: Young Louisiana couple can’t buy a home because they’re saddled with $210,000 in consumer debt and earn $48K. Caleb Hammer calls it ‘insane’
A Louisiana Senate panel signed off on a bill Wednesday that would essentially rewrite state public records law by exempting nearly every record at all levels of government from public scrutiny.
The Louisiana Administrative Code (LAC) contains the compilation of rules and regulations (delegated legislation) adopted by state agencies. [4] The Louisiana Register is the monthly published official journal which provides access to the certified regulations and legal notices issued by the executive branch of the state government. [5]
The 18th-century debtors' prison at the Castellania in Valletta, now the offices of the Health Ministry in Malta. A debtors' prison is a prison for people who are unable to pay debt. Until the mid-19th century, debtors' prisons (usually similar in form to locked workhouses) were a common way to deal with unpaid debt in Western Europe. [1]
Mike Johnson’s hold on the speakership of the U.S. House of Representatives has been tenuous almost since the day he was elected. The Louisiana Republican only ended up with the job in October ...
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