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 Post subject: When An Obligation Is Incurred 3439.06(e)
PostPosted: Wed Dec 24, 2008 6:23 am 
Partner of Riser Adkisson LLP
Partner of Riser Adkisson LLP
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Joined: Fri Dec 12, 2008 3:11 pm
Posts: 38
CUFTA 3439.06(e)

An obligation is incurred:

Quote:
(1) If oral, when it becomes effective between the parties; or

(2) If evidenced by a writing, when the writing executed by the obligor is delivered to or for the benefit of the obligee.

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