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Code · Wisconsin · Chapter 113 — Uniform joint obligations act

113.04 Release of some, effect.

84 words·~1 min read·/wi/chapter-113/113-04

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113.04 Release of some, effect. Subject to s. 113.03 , the obligee’s release or discharge of one or more of several obligors, or of one or more of joint, or of joint and several obligors shall not discharge co-obligors, against whom the obligee in writing and as part of the same transaction as the release or discharge, expressly reserves the obligee’s rights; and in the absence of such reservation of such rights shall discharge co-obligors only to the extent provided in s. 113.05 .
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