South Carolina Code 15-38-50. Effect of release, covenant not to sue, or not to enforce judgment
Current as of: 2023 | Check for updates
|
Other versions
When a release or a covenant not to sue or not to enforce judgment is given in good faith to one of two or more persons liable in tort for the same injury or the same wrongful death:
(1) it does not discharge any of the other tortfeasors from liability for the injury or wrongful death unless its terms so provide, but it reduces the claim against the others to the extent of any amount stipulated by the release or the covenant, or in the amount of the consideration paid for it, whichever is the greater; and
Terms Used In South Carolina Code 15-38-50
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
(2) it discharges the tortfeasor to whom it is given from all liability for contribution to any other tortfeasor.