9-01-04. Joint and several contracts.
38 words·~1 min read·
/nd/title-09/chapter-9-01-general-provisions/9-01-04·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A promise is presumed to be joint and several when:
1. All the parties thereto receive some benefit from the consideration, whether past or
present;
2. It is made in the singular number but executed by several persons.