North Dakota Statutes
§ 9-13-03 — Joint debtors - Effecting release
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. Such release does not affect the right of the joint
debtors to contribution from the party so released.
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North Dakota § 9-13-03 (Joint debtors - Effecting release) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 9-01-01
Definitions§ 9-01-02
Requisites of contract§ 9-01-04
Joint and several contracts§ 9-01-06
Obligations classified§ 9-01-07
Joint obligation - Presumption§ 9-01-08
Joint obligation - Contribution§ 9-01-09
Conditional obligation defined§ 9-01-11
Condition precedent defined§ 9-01-12
Conditions concurrent defined§ 9-01-13
Condition subsequent defined§ 9-01-14
Conditions unlawful or impossible§ 9-01-15
Forfeiture - Interpretation