close connectedness doctrine

close-connectedness doctrine. A doctrine used by some courts to deny an assignee of a negotiable note hold-er-in-due-course status if the assignee is too closely connected to the original holder-mortgagee. — Also termed close-connection doctrine. [Cases: Bills and Notes 341. C.J.S. Bills and Notes; Letters of Credit §§ 177, 191.]

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词条贡献者

双语律师Simon，毕业于亚洲一流的高级翻译学院，擅长翻译涉及金属和矿业领域的法律文件。