demand in attachment

demand in attachment
The debt or obligation upon which the remedy of attachment is available. 6 Am J2d Attach §§ 40 et seq. The statutory liability of a stockholder of a corporation arising out of the obligation of the corporation to pay an assessment, is contractual and constitutes a "demand" or "debt" which will support an attachment. Caldwell v Morfa (DC Tex) 24 F2d 106.

Ballentine's law dictionary. . 1998.

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