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joint and several liability
(redirected from Jointly liable)

    Also found in: Medical, Legal, Wikipedia 0.13 sec.
joint and several liability

Having full liability for the whole of a debt or injury. Comakers on promissory notes have joint and several liability,so that the lender may collect the entire amount due from only one borrower and is not limited to collecting one-half from each borrower. The following usually have joint and several liability unless required otherwise by a specific state law or contractual agreement:

• Partners in a general partnership
• Taxes owed by husbands and wives who file joint returns
• Multiple persons who commit one wrong and injure another
• Tenants under one lease, such as roommates
• Cosigners on promissory notes
• Cosigners on guarantee agreements



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MacDermid's condition, and by holding him jointly liable for the debts even though he was wholly unaware of what his wife had done.
Court OKs case against debt collectors for 'outrageous' threats by Sileo, Carmel / Trial
The disadvantage of the general partnership is each partner is jointly liable for the business, the other partners and all employees.
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nbsp;sentenced the juvenile to 30 months detention followed by 27 months supervised release, and made the juvenile jointly liable for
U.S. v. Patrick V by Corrections Caselaw Quarterly
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