There is a newer version of the Vermont Statutes
2012 Vermont Statutes
Title 12 Court Procedure
Chapter 175 JOINT CONTRACTS
§ 5054 Discharge of a joint contractor
12 V.S.A. § 5054. What's This?
§ 5054. Discharge of a joint contractor
A creditor having a debt or demand against a partnership or several joint obligors or promisors, may discharge one or more of such partners, obligors or promisors, without impairing his right against the others as to the residue of his debt or demand.
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