Montana § 25-15-201 Discharge Of One Joint Debtor

Montana Statutes

§ 25-15-201 — Discharge Of One Joint Debtor

Montana § 25-15-201

Title 25CIVIL PROCEDURE

Ch. 15LIABILITY OF JOINT DEBTORS

Part 2Discharge of Joint Debtor

This text of Montana § 25-15-201 (Discharge Of One Joint Debtor) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 25-15-201 (2026).

Text

25-15-201 . Discharge of one joint debtor. Any joint debtor, including a partner, may compromise with a creditor, and a discharge to the joint debtor by the creditor is as effectual as if made to all debtors, but the discharge does not relieve the other joint debtors. Any creditor can release a judgment in the creditor's favor against any one or more joint debtors, and the release does not discharge the others.

Free access — add to your briefcase to read the full text and ask questions with AI

25-15-201 . Discharge of one joint debtor. Any joint debtor, including a partner, may compromise with a creditor, and a discharge to the joint debtor by the creditor is as effectual as if made to all debtors, but the discharge does not relieve the other joint debtors. Any creditor can release a judgment in the creditor's favor against any one or more joint debtors, and the release does not discharge the others.

Legislative History

En. Sec. 1786, C. Civ. Proc. 1895; re-en. Sec. 7135, Rev. C. 1907; re-en. Sec. 9768, R.C.M. 1921; re-en. Sec. 9768, R.C.M. 1935; R.C.M. 1947, 93-8107; amd. Sec. 492, Ch. 56, L. 2009.