Mont. Code § 25-15-201

Current through the 2023 Regular Session

Section 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.

§ 25-15-201, MCA

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.