§ 29-1-14-5 — Joint contracts and judgments deemed joint and several

Every contract executed jointly by the decedent
with any other person or persons, and every joint judgment founded on
such contract, shall be deemed to be joint and several for the purpose
contemplated in section 4 of this chapter; and the amount due thereon
shall be allowed against the estate of the decedent as if the contract
were joint and several.
Formerly: Acts 1953, c.112, s.1405. As amended by Acts 1982,
P.L.171, SEC.38.