(1) When a release or a covenant not to sue or not to enforce judgment is given in good faith to one of two or more persons liable in tort for the same injury or the same wrongful death:
It does not discharge any of the other tortfeasors from liability for their several prorata shares of liability for the injury, death, damage, or loss unless its terms so provide; but it reduces the aggregate claim against the others to the extent of any degree or percentage of fault or negligence attributable by the finder of fact, pursuant to section 13-21-111 (2) or (3) or section 13-21-111.5, to the tortfeasor to whom the release or covenant is given; and
It discharges the tortfeasor to whom it is given from all liability for contribution toany other tortfeasor.
Source: L. 77: Entire article added, p. 810, § 1, effective July 1. L. 86: (1)(a) amended, p. 681, § 3, effective July 1.