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Current as of January 01, 2025 | Updated by Findlaw Staff
When a person executes any bond, note, draft, or bill of exchange and two or more persons execute it jointly with him or her, merely as his or her sureties, or endorse any note or draft or bill of exchange as sureties for the maker or drawer for his or her accommodation and without consideration, said persons are bound to each other for a proportional contribution of the amount of said bond, note, draft, or bill of exchange. If any person is compelled to pay any part of said bond, note, draft, or bill of exchange, he or she may sue his or her cosurety for contribution separately or jointly. Defendants, whether sureties, accommodation joint makers or accommodation endorsers may be sued separately or jointly.
Cite this article: FindLaw.com - Florida Statutes Title VI. Civil Practice and Procedure § 46.011. Parties for contribution - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-vi-civil-practice-and-procedure/fl-st-sect-46-011/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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