§ 15-4-1. Definitions.

Latest version.

In this chapter:

(1) "Obligation" includes a liability in tort and contractual obligations;

(2) "Obligee" includes a creditor and a person having a right based on a tort;

(3) "Obligor" includes a debtor and a person liable for a tort;

(4) "Several obligors" means obligors severally bound for the same performance.

Amended by Chapter 257, 1991 General Session

                    
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