Joint debtors not released by release of one--Right of contribution.

  1. Law
  2. South Dakota Codified Laws
  3. Personal Rights and Obligations
  4. Accord And Satisfaction, Novation And Release Of Obligations
  5. Joint debtors not released by release of one--Right of contribution.

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

20-7-12. Joint debtors not released by release of one--Right of contribution.

A release of one of two or more joint debtors does not extinguish the obligations of any of the others, unless they are mere guarantors; nor does it affect their right to contribution from him.

Source: CivC 1877, §869; CL 1887, §3493; RCivC 1903, §1187; RC 1919, §794; SDC 1939, §47.0242.


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