Chapter 113, UNIFORM JOINT OBLIGATIONS ACT
11 sections in this chapter.
Wis. Stat. § 113.01 Definitions
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113.01 Definitions. 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. (4) “Several obligors” means obligors severall…
Wis. Stat. § 113.02 Judgment, obligor not party, not discharged
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113.02 Judgment, obligor not party, not discharged. 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 co-obligor who was not a party to the proceeding wherein the judgment was rendered.
Wis. Stat. § 113.03 Recoveries credited, limitation
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113.03 Recoveries credited, limitation. 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 credit…
Wis. Stat. § 113.04 Release of some, effect
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113.04 Release of some, effect. Subject to s. 113.03, 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 t…
Wis. Stat. § 113.05 Release of some; co-obligors protected
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113.05 Release of some; co-obligors protected. (1) If an obligee releasing or discharging an obligor without express reservation of rights against a co-obligor, then knows or has reason to know that the obligor released or discharged did not pay so much of the claim as the obligo…
Wis. Stat. § 113.06 Death of obligor, estate liable
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113.06 Death of obligor, estate liable. On the death of a joint obligor in contract, the joint obligor’s personal representative or estate shall be jointly and severally bound with the surviving obligor or obligors. History: 1993 a. 492; 2001 a. 102.
Wis. Stat. § 113.07 Not retroactive
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113.07 Not retroactive. This chapter shall not apply to obligations arising prior to June 17, 1927.
Wis. Stat. § 113.08 Interpretation
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113.08 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.
Wis. Stat. § 113.09 Short title
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113.09 Short title. This chapter may be cited as the “Uniform Joint Obligations Act”.
Wis. Stat. § 113.10 Repeals
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113.10 Repeals. All acts or parts of acts inconsistent with this chapter are repealed.
Wis. Stat. § 113.11 Release of joint debtor; effect
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113.11 Release of joint debtor; effect. (1) If any creditor to whom persons are jointly indebted, either upon contract or the judgment of a court of record, shall release any of them such release shall operate as a satisfaction or discharge of such joint debt to the amount of the…