South Dakota Statutes

§ 20-7-12 — Joint debtors not released by release of one--Right of contribution.

South Dakota·Title 20 PERSONAL RIGHTS AND OBLIGATIONS·Ch. 20-7 ACCORD AND SATISFACTION, NOVATION AND RELEASE OF OBLIGATIONS
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; nor does it affect their right to contribution from him.

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South Dakota § 20-7-12 (Joint debtors not released by release of one--Right of contribution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

CivC 1877, § 869; CL 1887, § 3493; RCivC 1903, § 1187; RC 1919, § 794; SDC 1939, § 47.0242.

Nearby Sections

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