§16. Death of joint obligor
On the death of a joint obligor in contract, his estate shall be bound as such, jointly and severally with the surviving obligor or obligors. [PL 1965, c. 351, §1 (NEW).]
SECTION HISTORY
PL 1965, c. 351, §1 (NEW).
Structure Maine Revised Statutes
TITLE 14: COURT PROCEDURE -- CIVIL
Chapter 1: PARTIES AND TITLE OF ACTIONS
Subchapter 2: MODEL JOINT OBLIGATIONS ACT
14 §12. Discharge of co-obligor by judgment
14 §13. Payments credited to co-obligors
14 §14. Release with reservation of rights
14 §15. Release without reservation of rights