Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“People with the same liability on an instrument are jointly and severally liable, unless the instrument says otherwise.”
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02
How the instrument operates
- 01
Start with the recorded version
Undated source snapshot. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
People with the same liability on an instrument are jointly and severally liable, unless the instrument says otherwise.
Section 10:3-116
04
Source and current-law status
Source record view
Source record from legis.la.gov · Undated source snapshot
The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.