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Acronyms that contain the term nulla bona
What does nulla bona mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: nulla bona.
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What does nulla bona mean?
- Nulla bona
- Nulla bona is a Latin legal term meaning "no goods" – a sheriff writes this when he can find no property to seize to pay off a court judgment. Synonymous with return nulla bona, it denotes the return of a writ of execution signifying that the officer made a strict and diligent search but was unable to find any property of the defendant liable to seizure under the writ, whereof to make a levy. It may also be used as a plea by a garnishee, denying that he holds property of, or is indebted to, the defendant. The nulla bona is issued by the Master of the High Court if after the issue of a warrant of execution, the attached property of the debtor is found to be insufficient to suffice for the payment of creditors.
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"nulla bona." Abbreviations.com. STANDS4 LLC, 2024. Web. 24 Nov. 2024. <https://www.abbreviations.com/nulla%20bona>.
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