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Colorado Revised Statutes Title 13. Courts and Court Procedure § 13-50-103. Liability of remaining debtor

Current as of January 01, 2025 | Updated by Findlaw Staff

In case one or more joint debtors are released, no one of the remaining debtors shall be liable for more than his proportionate share of the indebtedness, unless he is the principal debtor and the debtor released was his surety, in which case the principal debtor is liable for the whole of the remainder of the indebtedness.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 13. Courts and Court Procedure § 13-50-103. Liability of remaining debtor - last updated January 01, 2025 | https://codes.findlaw.com/co/title-13-courts-and-court-procedure/co-rev-st-sect-13-50-103/

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