Legislation
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.
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.