§ 25-15-201 Discharge of one joint debtor

Codes > Montana Code > Title 25 > Chapter 15 : Part 2 > 25-15-201 Discharge

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.