assignment by operation of law

A transfer of a right or obligation as a necessary consequence of a change in legal status, regardless of the affected party’s intent.

• For example, a right and a corresponding obligation may dis-appear if they vest in the same person, as might happen in a merger or acquisition.

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词条贡献者

译员Clara，毕业于国内知名法学院，擅长翻译有关建筑领域的法律文件。