General Obligations Law § 15-104 · Title 1. Discharge of Joint Obligors
Discharge of one obligor, with reservations
Text — Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)
§ 15-104. Discharge of one obligor, with reservations. Subject to the provisions of section 15-103, 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 his rights; and in the absence of such a reservation of rights shall discharge co-obligors only to the extent provided in section 15-105.
Source of truth
- Edition
- Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/GOB15-104
- Text hash
- sha256 2020877c3d425425ec193516c74b587bf847f21b8389ff91015314412a743722
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
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