NRS 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 reserves his or her rights; and in the absence of such a reservation of rights shall discharge coobligors only to the extent provided in NRS 101.060.

Source: Section 101.050 — Release with reservation of rights., https://www.leg.state.nv.us/NRS/NRS-101.html#NRS101Sec050.

101.010
Short title. 101.020
Terms defined. 101.030
Discharge of coobligor by judgment. 101.040
Payments credited to coobligors. 101.050
Release with reservation of rights. 101.060
Release without reservation of rights. 101.070
Death of joint obligor. 101.080
Chapter not retroactive. 101.090
Uniformity of interpretation.

Last Updated

Jun. 24, 2021

§ 101.050’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_101.050

Original Source: Section 101.050 — Release with reservation of rights., https://www.leg.state.nv.us/NRS/NRS-101.html#NRS101Sec050 (last accessed Jun. 24, 2021).

NRS 101.050 Release with reservation of rights.

NRS 101.050
Release with reservation of rights.