28-1-301. (Temporary) Types of obligations involving several persons. Except as provided in 27-1-703, an obligation imposed upon several persons or a right created in favor of several persons may be: (1) joint; (2) several; or (3) joint and several. (Terminates on occurrence of contingency–sec. 11(2), Ch. 429, L. 1997.) 28-1-301. (Effective on occurrence of contingency) Types of obligations involving several […]
28-1-302. Joint obligations and covenants to be taken as joint and several. Except as provided in 27-1-703, after March 1, 1895, all joint obligations and covenants shall be taken and held to be joint and several obligations and covenants. History: En. Sec. 1941, Civ. C. 1895; re-en. Sec. 4896, Rev. C. 1907; re-en. Sec. 4896, Rev. C. […]
28-1-303. Right to contribution from joint debtors. Except as provided in 27-1-703, a party to a joint or joint and several obligation who satisfies more than that party’s share of the claim against all may require a proportionate contribution from all the parties joined with that party. History: En. Sec. 1942, Civ. C. 1895; re-en. Sec. 4897; Rev. […]