ยง 15-107. Release of partner. A release of a partner from a
partnership liability shall release his co-partners from the same
liability to the creditor giving the release, but after a partnership
has been dissolved, by consent or otherwise, any partner may make a
separate composition or compromise with any partnership creditor, and
such composition or compromise shall discharge from such liability the
partner making it, and him only.
Structure New York Laws
Article 15 - Modification and Discharge of Obligations
Title 1 - Discharge of Joint Obligors
15-102 - Co-Obligor Not a Party.
15-103 - Consideration to Be Credited to Co-Obligor.
15-104 - Discharge of One Obligor, With Reservations.
15-105 - Discharge of One Obligor, Without Reservation.
15-106 - Death of Joint Obligor.
15-108 - Release or Covenant Not to Sue.