The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 12 V.S.A. § 5054)
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§ 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 or her right against the others as to the residue of his or her debt
or demand.