New York Statutes
§ 15-102 — Co-obligor not a party
New York·Law GOB General Obligations·Title 1 Discharge of Joint Obligors·Art. 15 Modification and Discharge of Obligations
§ 15-102. Co-obligor not a party. A judgment against one or more of\nseveral obligors, or against one or more of joint, or of joint and\nseveral obligors shall not discharge a co-obligor who was not a party to\nthe proceeding wherein the judgment was rendered.\n
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Related
Cunard Line Ltd. v. Abney
540 F. Supp. 657 (S.D. New York, 1982)
Taylor Woodrow Plc v. Blitman
603 F. Supp. 1152 (S.D. New York, 1985)
Nearby Sections
15
§ 15-101
Definitions§ 15-102
Co-obligor not a party§ 15-106
Death of joint obligor§ 15-107
Release of partner§ 15-108
Release or covenant not to sue§ 15-109
Uniformity of interpretation§ 15-110
Inconsistent laws repealed§ 15-501
Executory accord