16-105. Release of persons jointly or severally liable.
Any person jointly or severally liable with others for the payment of any debt or demand may be released from such liability by the creditor, and such release shall not discharge the other debtors or obligors beyond the proper proportion of the debt or demand for which the person released was liable.
History: G.S. 1868, ch. 21, § 5; Oct. 31; R.S. 1923, 16-105.