Legal Term: RIGHT OF DIVISION

Definition: Scottish law. The right which each of several cautioners (sureties) has to refuse to answer for more than his own share of the debt. To entitle the cautioner to this right, the other cautioners must be solvent, and there must be no words in the bond to exclude it. 1 Bell s Com. 347, 5th ed.

Return to the Legalnut.com Law Dictionary