Florida Statutes
§ 673.1161 — Joint and several liability; contribution
Florida § 673.1161
This text of Florida § 673.1161 (Joint and several liability; contribution) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 673.1161 (2026).
Text
(1)Except as otherwise provided in the instrument, two or more persons who have the same liability on an instrument as makers, drawers, acceptors, indorsers who indorse as joint payees, or anomalous indorsers are jointly and severally liable in the capacity in which they sign.
(2)Except as provided in s. 673.4191(5) or by agreement of the affected parties, a party having joint and several liability who pays the instrument is entitled to receive from any party having the same joint and several liability contribution in accordance with applicable law.
(3)Discharge of one party having joint and several liability by a person entitled to enforce the instrument does not affect the right under subsection (2) of a party having the same joint and several liability to receive contribution from
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
s. 2, ch. 92-82.
Nearby Sections
15
§ 673.1011
Short title§ 673.1021
Subject matter§ 673.1031
Definitions§ 673.1041
Negotiable instrument§ 673.1051
Issue of instrument§ 673.1061
Unconditional promise or order§ 673.1071
Instrument payable in foreign money§ 673.1081
Payable on demand or at definite time§ 673.1091
Payable to bearer or to order§ 673.1111
Place of payment§ 673.1121
Interest§ 673.1131
Date of instrument§ 673.1141
Contradictory terms of instrument§ 673.1151
Incomplete instrumentCite This Page — Counsel Stack
Bluebook (online)
Florida § 673.1161, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/673.1161.