TITLE 28. CONTRACTS AND OTHER OBLIGATIONS

CHAPTER 11. GUARANTY, INDEMNITY, AND SURETYSHIP

Part 3. Indemnity

Person Indemnifying Liable Jointly And Severally

28-11-311. (Temporary) Person indemnifying liable jointly and severally. Except as provided in 27-1-703, one who indemnifies another against an act to be done by the latter is liable jointly with the person indemnified and separately to every person injured by such act. (Terminates on occurrence of contingency--sec. 11(2), Ch. 429, L. 1997.)

28-11-311. (Effective on occurrence of contingency) Person indemnifying liable jointly and severally. Except as may be otherwise provided in 27-1-703 and 27-1-705, a person who indemnifies another person against an act to be done by the latter is liable jointly with the person indemnified and separately to every person injured by the act.

History: En. Sec. 3585, Civ. C. 1895; re-en. Sec. 5653, Rev. C. 1907; re-en. Sec. 8168, R.C.M. 1921; Cal. Civ. C. Sec. 2777; Field Civ. C. Sec. 1529; re-en. Sec. 8168, R.C.M. 1935; R.C.M. 1947, 30-306; amd. Sec. 5, Ch. 253, L. 1987; amd. Sec. 8, Ch. 429, L. 1997.