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548.21 DISCHARGE OF JOINT DEBTOR.
A creditor who has a debt, demand, or judgment against a copartnership, or several joint
obligors, promisors, or debtors, may discharge one or more of such copartners, obligors,
promisors, or debtors, without impairing the creditor's right to recover the residue of the debt
or demand against the others, or preventing the enforcement of the proportionate share of any
undischarged under such judgment. The discharge shall have the effect of a payment by the party
discharged of the party's equal share of the debt, according to the number of debtors, aside from
sureties. Such discharge shall not affect the liability of such copartners, obligors, promisors, or
debtors to each other. In an action by the creditor to recover against those not discharged, the
complaint shall set forth that the contract was made with the defendants and the party discharged,
and that such party has been discharged.
History: (9412) RL s 4283; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes