§490:3-116  Joint and several liability;
contribution.  (a)  Except as otherwise provided in the instrument, two or
more persons who have the same liability on an instrument as makers, drawers,
acceptors, indorsers who indorse as joint payees, or anomalous indorsers are
jointly and severally liable in the capacity in which they sign.



(b)  Except as provided in section 490:3-419(e)
or by agreement of the affected parties, a party having joint and several
liability that pays the instrument is entitled to receive from any party having
the same joint and several liability contribution in accordance with applicable
law.



(c)  Discharge of one party having joint and
several liability by a person entitled to enforce the instrument does not
affect the right under subsection (b) of a party having the same joint and
several liability to receive contribution from the party discharged. [L 1991, c
118, pt of §1]