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.
Mont. Code Ann. § 28-1-1603
Effect of release of some but not all joint debtors
Applied in 1 court decision — leading case Schiffer v. United Grocers, Inc. (1999)
Most recently applied in Schiffer v. United Grocers, Inc. (July 1999)
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.