Title 14, §13: Payments credited to co-obligors

Title 14, §13: Payments credited to co-obligors Maine Legislature Maine Revised Statutes Session Law Statutes Maine State Constitution Information §13 PDF §13 MS-Word Statute Search Ch. 1 Contents Title 14 Contents List of Titles Maine Law & Disclaimer Revisor's Office Maine Legislature §12 Title 14: COURT PROCEDURE -- CIVIL Part 1: GENERAL PROVISIONS Chapter 1: PARTIES AND TITLE OF ACTIONS Subchapter 2: MODEL JOINT OBLIGATIONS ACT §14 §13. Payments credited to co-obligors The amount or value of any consideration received by the obligee from one or more of several obligors, or from one or more of joint, or of joint and several obligors, in whole or in partial satisfaction of their obligations, shall be credited to the extent of the amount received on the obligations of all co-obligors to whom the obligor or obligors giving the consideration did not stand in the relation of a surety.  [PL 1965, c. 351, §1 (NEW).] SECTION HISTORY PL 1965, c. 351, §1 (NEW).

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