Montana Code 28-1-1102. Performance by one of several joint debtors
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28-1-1102. Performance by one of several joint debtors. Performance of an obligation by one of several persons who are jointly liable under it extinguishes the liability of all.
Terms Used In Montana Code 28-1-1102
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Several: means two or more. See Montana Code 1-1-201