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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The makers of negotiable instruments and all other persons who, at or before the execution and delivery thereof, endorsed, guaranteed, or became surety for payment thereof, or are otherwise secondarily liable for payment, may be sued in the same action.
(2) In such action the final judgment shall specify the defendants who are liable for payment only as endorser, surety, guarantor or otherwise secondarily.
(3) When a final judgment authorized by this section is paid by one or more defendants who are liable only as endorser, surety, guarantor, or otherwise secondarily, the holder of such judgment shall, on request, assign such judgment to the defendants paying it. Such defendants are entitled to all the rights and remedies of the original plaintiff to enforce collection from the other defendants who are liable.
Cite this article: FindLaw.com - Florida Statutes Title VI. Civil Practice and Procedure § 46.041. Joinder of certain makers, endorsers, etc., of negotiable instruments - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-vi-civil-practice-and-procedure/fl-st-sect-46-041/
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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