Code of Virginia § 11-10. Compromise by creditor with co-obligor, etc.
41 words·~1 min read·
/va/title-11/chapter-2/11-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A creditor may compound or compromise with any joint contractor or co-obligor, and release him from all liability on his contract or obligation, without impairing the contract or obligation as to the other joint contractors or co-obligors.
Code 1919, § 5763.