§ 4305. Application for Homestead Land- Approval
TITLE 7: CIVIL PROCEDURE DIVISION 4: JUDGMENTS; ENFORCEMENT OF JUDGMENTS § 4305. Release or Covenant Not to Sue. 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: (a) It does not discharge any of the other tortfeasors from liability for the inju- ry or wrongful death unless its terms so provide, but it reduces the claim against the other 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 greater; and, (b) It discharges the tortfeasor to whom it is given from all liability for contri- bution to any other tortfeasor. Source: 6 TTC § 555.
Source: CNMI Law Revision Commission