Joint and Several

Legal Definition and Related Resources of Joint And Several

Meaning of Joint And Several

A liability is said to be joint and several when two or more persons bind themselves liable for the same debt, each being liable for the whole debt. A creditor must sue them all together if it is a join debt, for a release of one joint debtor from the debt may operate to release all the others. See Chicago and A.R. Co. v Wagner, 239 U.S. 452, 36 S.Ct. 135, 60 L.Ed. 379. A creditor may, however, release one the joint debtors, without releasing the others, if when granting the release he expressly reserves his rights against the others, in which case the release is merely equivalent to a covenant not to sue one of the parties and does not discharge the others.

Related Entries of Joint And Several in the Encyclopedia of Law Project

Browse or run a search for Joint And Several in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Joint And Several in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Joint And Several in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Joint And Several in the Legal Abbreviations and Acronyms Dictionary.

Related Legal Terms

You might be also interested in these legal terms:

Mentioned in these terms

Several.

Joint and several in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of joint and several.

Resources

See Also

  • Law Enforcement Officer
  • Police Work
  • Law Enforcement Agency

Further Reading


Posted

in

,

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *