Nev. Rev. Stat. § 101.010
Short title
This chapter may be cited as the Uniform Joint Obligations Act.
Nevada Revised Statutes Chapter 101 — Joint Obligations (Uniform Act)
Nevada · statute · Nev. Rev. Stat. ch. 101 · 9 active provisions
Nev. Rev. Stat. § 101.020
Terms defined
In this chapter, unless otherwise expressly stated: 1. “Obligation” includes a liability in tort. 2. “Obligee” includes a person having a right based on a tort. 3. “Obligor” includes a person liable for a tort.
Nev. Rev. Stat. § 101.030
Discharge of coobligor by judgment
A judgment against one or more of several obligors, or against one or more of joint, or of joint and several obligors, shall not discharge a coobligor who was not a party to the proceedings wherein the judgment was rendered.
Nev. Rev. Stat. § 101.040
Payments credited to coobligors
The amount or value of any consideration received by the obligee from one or more of several obligors, or from one or more of joint, or of joint and several obligors, in whole or in partial satisfaction of their obligations, shall be credited to the extent of the amount received on the obligations of all coobligors to…
Nev. Rev. Stat. § 101.050
Release with reservation of rights
Subject to the provisions of NRS 101.040, 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 coobligors, against whom the obligee in writing and as part of the same transaction as the release or discharge expressly res…
Nev. Rev. Stat. § 101.060
Release without reservation of rights
1. If an obligee releasing or discharging an obligor without express reservation of rights against a coobligor, then knows or has reason to know that the obligor released or discharged did not pay so much of the claim as the obligor was bound by his or her contract or relation with that coobligor to pay, the obligee’s…
Nev. Rev. Stat. § 101.070
Death of joint obligor
On the death of a joint obligor in contract, the joint obligor’s executor or administrator shall be bound as such jointly with the surviving obligor or obligors.
Nev. Rev. Stat. § 101.080
Chapter not retroactive
This chapter shall not apply to obligations arising prior to July 1, 1927.
Nev. Rev. Stat. § 101.090
Uniformity of interpretation
This chapter shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it.