Debtee


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DEBTEE. One to whom a debt is due a creditor, as, debtee executor. 3 Bl. Com. 18.

References in periodicals archive ?
Thus, according to article 2485, paragraph 1 of the New Civil Code, "the pledge exists only as long as the debtee holds the goods." In transportation, special provisions provide for one exception from this rule, in the sense that the transporter may exercise the rights of the debtee-pledgee, even if the goods have been delivered, but only for 24 hours and only if the goods are still in the recipient's detention (article 1982, paragraph 2 of the New Civil Code).