Montana Statutes

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

Montana·Title 25 CIVIL PROCEDURE·Ch. 15 LIABILITY OF JOINT DEBTORS·Part 2 Discharge of Joint Debtor
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

Montana § 25-15-201 (Discharge Of One Joint Debtor) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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.

Nearby Sections

8
View on official source ↗