Subject to s. 113.03, the obligee’s release or discharge of one or more of several obligors, or of one or more of joint, or of joint and several obligors shall not discharge co-obligors, against whom the obligee in writing and as part of the same transaction as the release or discharge, expressly reserves the obligee’s rights; and in the absence of such reservation of such rights shall discharge co-obligors only to the extent provided in s. 113.05.
Wis. Stat. § 113.04
Release of some, effect
Known as the Uniform Joint Obligations Act
The act spans §§ 113–113 (11 sections).
Applied in 1 court decision — leading case Moore v. Missouri Pacific Railroad (1989)
Most recently applied in Moore v. Missouri Pacific Railroad (June 1989)
1993 a. 492
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.