Types of obligations involving several persons

Checkout our iOS App for a better way to browser and research.

28-1-301. (Temporary) Types of obligations involving several persons. Except as provided in 27-1-703, an obligation imposed upon several persons or a right created in favor of several persons may be:

(1) joint;

(2) several; or

(3) joint and several. (Terminates on occurrence of contingency--sec. 11(2), Ch. 429, L. 1997.)

28-1-301. (Effective on occurrence of contingency) Types of obligations involving several persons. Except as provided in 27-1-703 and 27-1-705, an obligation imposed upon several persons or a right created in favor of several persons may be:

(1) joint;

(2) several; or

(3) joint and several.

History: En. Sec. 1940, Civ. C. 1895; re-en. Sec. 4895, Rev. C. 1907; re-en. Sec. 7397, R.C.M. 1921; Cal. Civ. C. Sec. 1430; Field Civ. C. Sec. 673; re-en. Sec. 7397, R.C.M. 1935; R.C.M. 1947, 58-201; amd. Sec. 2, Ch. 253, L. 1987; amd. Sec. 7, Ch. 429, L. 1997.


Download our app to see the most-to-date content.