Ohio § 2307.30
Full text of Ohio Ohio Revised Code § 2307.30, with citation guidance and answers to common questions.
§ 2307.30.
(A) A joint debtor may make a separate composition or compromise with any creditor. Any composition or compromise shall be a full and effectual discharge to the debtor
who makes it, but only to that person, from all liability to the creditor with whom
it is made, according to its terms. A debtor who makes such a composition or compromise may take from the creditor a
note or memorandum in writing exonerating the debtor from all individual liability
incurred by reason of the joint debt. That note or memorandum may be given in evidence to bar the creditor's right of
recovery against the debtor. If joint liability is by judgment in a court of record in this state, on production
to and filing of the note or memorandum with the clerk of the court, the clerk shall
discharge the judgment of record as far as the compromising debtor is concerned. (B) A compromise or composition with one joint debtor shall not discharge other joint
debtors or impair the right of the creditor to proceed against other joint debtors
who have not been discharged. A joint debtor who is proceeded against may counterclaim against the creditor for
any demand that could have been asserted as a counterclaim had the suit by the creditor
been brought against all of the joint debtors. (C) A compromise or discharge of one joint debtor does not prevent the other joint debtors
from availing themselves of any defense, except that they shall not set up the discharge
of one debtor as a discharge of the others unless it appears that all were intended
to be discharged. The discharge of one debtor is deemed a payment to the creditor equal to the proportionate
liability of the discharged debtor. (D) A compromise or composition by a joint debtor with a creditor does not affect any
right the other joint debtors have to call on the discharged debtor for that person's
ratable portion of the joint debt.
Frequently Asked Questions About Ohio § 2307.30
What does Ohio Revised Code § 2307.30 cover?
Section 2307.30 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 2307.30?
A common citation format is "Ohio Revised Code § 2307.30" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 2307.30 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.