Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 57
Effect of consent where petitioner is a joint debtor
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 3
§ 57. Effect of consent where petitioner is a joint debtor. A
creditor's consent does not affect his remedy against any person or
persons indebted jointly with the petitioner; and the petitioner's
discharge has the effect, as between the creditor and the other joint
debtors, of a composition between the petitioner and the creditor, made
as prescribed in title one of article fifteen of the general obligations
law.