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Release of co-obligor -- Reservation of rights.

Utah Code § 15-4-4
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15-4-4. Release of co-obligor -- Reservation of rights. Subject to the provisions of Section 15-4-3, 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, does 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 15-4-5. Amended by Chapter 378, 2010 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title15/Chapter4/15-4-S4.html?v=C15-4-S4_1800010118000101Fetched: 10/26/2026

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