§ 7-12-8 - Memorandum exonerating partner on separate composition. - Rhode Island Statutes

SECTION 7-12-8

   § 7-12-8  Memorandum exonerating partner onseparate composition. – Every debtor making a composition or compromise takes from the creditor withwhom he or she may make the composition or compromise a note or memorandum inwriting, exonerating him or her from all individual liability incurred byreason of the connection with the copartnership The note or memorandum may begiven in evidence by the debtor under the general issue, in bar of thecreditor's right of recovery against him or her.