Section 16-2101 - Definition of joint and several contracts

Definition of joint and several contracts

For the purposes of action thereon, a contract or obligation entered into by two or more persons, whether:

(1) the persons are partners or joint contractors;

(2) the contract is under seal or not;

(3) it is written or verbal; or

(4) it is expressed to be joint and several or not --

is deemed to be joint and several.

CREDIT(S)

(Dec. 23, 1963, 77 Stat. 585, Pub. L. 88-241, § 1.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 16-2101.
1973 Ed., § 16-2101.

Current through September 13, 2012