Joint obligation extinguished by performance by one person.

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20-4-2. Joint obligation extinguished by performance by one person.

Performance of an obligation, by one of several persons who are jointly liable under it, extinguishes the liability of all.

Source: CivC 1877, §828; CL 1887, §3452; RCivC 1903, §1145; RC 1919, §752; SDC 1939, §47.0202.


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