Utah § 15-4-5 - Release of co-obligor -- Effect of knowledge of obligee.

Full text of Utah Utah Code § 15-4-5 — Release of co-obligor -- Effect of knowledge of obligee., with citation guidance and answers to common questions.

§ 15-4-5. Release of co-obligor -- Effect of knowledge of obligee.

Effective 5/1/2024
15-4-5.  Release of co-obligor -- Effect of knowledge of obligee.
(1)If an obligee releasing or discharging an obligor without express reservation of rights against a co-obligor then knows or has reason to know that the obligor released or discharged did not pay as much of the claim as that obligor was bound by that obligor's contract or relation with that co-obligor to pay, the obligee's claim against that co-obligor shall be satisfied to the amount which the obligee knew or had reason to know that the released or discharged obligor was bound to such co-obligor to pay.
(2)If an obligee so releasing or discharging an obligor has not then such knowledge or reason to know, the obligee's claim against the co-obligor shall be satisfied to the extent of the lesser of two amounts, namely:
(a)the amount of the fractional share of the obligor released or discharged; or
(b)the amount that such obligor was bound by that obligor's contract or relation with the co-obligor to pay.


Amended by Chapter 365, 2024 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 15-4-5

What does Utah Code § 15-4-5 cover?

Section 15-4-5 ("Release of co-obligor -- Effect of knowledge of obligee.") is part of the Utah Code, the codified statutory law of Utah. 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 Utah § 15-4-5?

A common citation format is "Utah Code § 15-4-5" (Utah). 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 Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 15-4-5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah 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 Utah.