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The Laws of New York
Consolidated Laws of New York
CHAPTER 24-A
General Obligations
ARTICLE 15
Modification and Discharge of Obligations
TITLE 1
Discharge of Joint Obligors
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SECTION 15-106
Death of joint obligor
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SECTION 15-108
Release or covenant not to sue
This entry was published on 2014-09-22
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SECTION 15-107
Release of partner
General Obligations (GOB) CHAPTER 24-A, ARTICLE 15, TITLE 1
§ 15-107. Release of partner. A release of a partner from a
partnership liability shall release his co-partners from the same
liability to the creditor giving the release, but after a partnership
has been dissolved, by consent or otherwise, any partner may make a
separate composition or compromise with any partnership creditor, and
such composition or compromise shall discharge from such liability the
partner making it, and him only.