Current as of April 27, 2021 | Updated by FindLaw Staff
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A release of one of two or more joint debtors does not extinguish the obligation of any of the others unless they are mere guarantors, nor does it affect their rights to contribution from the released debtor.
Cite this article: FindLaw.com - Montana Title 28. Contracts and Other Obligations § 28-1-1603. Effect of release of some but not all joint debtors - last updated April 27, 2021 | https://codes.findlaw.com/mt/title-28-contracts-and-other-obligations/mt-code-ann-sect-28-1-1603/
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