An heir; a person entitled to share in the distribution of an estate. This term is admissible to denote one of the persons who are entitled, under the statute of distributions, to the personal estate of one who is dead Intestate. Henry v. Henry, 31 N. C. 278; Kitchen v. Southern Ry., 68 S. C. 554, 48 S. E. 4. … [Read more...] about DISTRIBUTEE
D
DISTRIBUTION
By this term is understood the division of an intestate's estate according to law. 2. The English statute of 22 and 23 Car. II. c. 10, which was itself probably borrowed from the 118th Novel of Justinian, is the foundation of, perhaps, most acts of distribution in the several states. In practice. The apportionment and division, under authority of a court, of the remainder of … [Read more...] about DISTRIBUTION
DISTRIBUTION OF PROFITS
Term used to denote a payment of profits to a member of a partnership or limited liability company. … [Read more...] about DISTRIBUTION OF PROFITS
DISSEISOR
torts. One who puts another out of the possession of his lands wrongfully. … [Read more...] about DISSEISOR
DISTINCTIVE MARK
A trademark or service mark that is unique, usually not descriptive. It may be fanciful or arbitrary or even suggestive and they are usually memorable. Distinctive marks receive the maximum amount of protection under state and federal laws since they are recognizable and distinguishable as being goods produced by a specific manufacturer, for example, Coca Cola or Pepsi Cola. … [Read more...] about DISTINCTIVE MARK