Joint assets shall be applied to joint debts, and individual assets to individual debts; but, when the joint assets are exhausted, the joint debts may come upon individual assets, the individual debts, without regard to relative dignity as compared with the joint debts, being first advanced the pro rata amount received on the joint debts from joint assets.
Section: Previous 23-2-90 23-2-91 23-2-92 23-2-93 23-2-94 23-2-95 23-2-96 23-2-97 23-2-98Last modified: October 14, 2016